Question: need calculations for the following year 2009 Summary data for Benedict Construction Co.'s (BCC) Job 1227, which was completed in 2009, are presented below: Assuming

need calculations for the following year 2009

Summary data for Benedict Construction Co.'s (BCC) Job 1227, which was completed in 2009, are presented below:

Assuming BCC used the completed contract method to recognize revenue, what would gross profit have been in 2008 and 2009 (rounded to the nearest thousand)?

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