Question: Mark Construction Company has a contract to construct a $6,000,000 bridge at an estimated cost of $5,250,000. During the first year company has incurred a

"Mark Construction Company has a contract to construct a $6,000,000 bridge at an estimated cost of $5,250,000. During the first year company has incurred a cost $1,312,500. According to percentage of completion method the revenue to be recognized during first year equals to 6000000 1500000 750000 4687500

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