Question: Exerclse 6 - 1 9 ( Algo ) Long - term contract; revenue recognition over time and at a point in time [ LO 6

Exerclse 6-19(Algo) Long-term contract; revenue recognition over time and at a point in time [LO6-9]
Assume Avoyo contracted to provide a customer with Internet infrastructure for $2,400,000. The project began in 2024 and was completed in 2025, Dato reloting to the contract are summarized below:
\table[[,2024,2025],[Cests incurped during the year,$ 332,000,$1,850,600
Exerclse 6-19(Algo) Long-term contract; revenue recognition over time and at a

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