Question: THE PROJECT WAS STARTED IN 2017 AND WILL BE COMPLETED IN 2019. CONSTRUCTION IN PROGRESS 53,760 CONSTRUCTION EXPENSES 47,600 REVENUES FROM LT CONTRACTS 101,360 BOB

THE PROJECT WAS STARTED IN 2017 AND WILL BE COMPLETED IN 2019.

CONSTRUCTION IN PROGRESS 53,760

CONSTRUCTION EXPENSES 47,600

REVENUES FROM LT CONTRACTS 101,360

BOB CORP AT THE END OF 2018 EXPECTS THE LIFETIME GROSS PROFIT ON THE PROJECT TO EQUAL $186,000. THE PROJECT IS 70% COMPLETE AT THE END OF 2019. THE PROJECT WAS 42% COMPLETE AT THE END OF 2018.

WHAT DID BOB EXPECT THE LIFETIME GROSS PROFIT ON THE PROJECT TO BE AT THE END OF 2017?

HOW MUCH REVENUE DID BOB REPORT FROM THE PROJECT IN 2017?

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