Question: Question 32 Crane Construction entered into a contract to construct a bridge for a contract price of $2.00 milion Construction began in 2019 and was

 Question 32 Crane Construction entered into a contract to construct a

Question 32 Crane Construction entered into a contract to construct a bridge for a contract price of $2.00 milion Construction began in 2019 and was completed in 2021. Below are the details of the transactions related to the contract 2015 2020 2021 Costs incurred during the year 5623,000 $830,000 $679,900 Estimated costs to complete 1,370,600 547,000 0 Calculate the revenue expenses and gross profit to be recognized each year using the percentage of completion method. (Hound the percentage completion to decimal places, . 52.75 and other answers to decimal places, ... 1,525.) 2015 2020 2021 Revenue Expenses Gross Profit LINK TO TEXT Question Attempts: 0 of 1 used SAVE FOR LATER SIT

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