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26 The City of Boston signed a long-term contract to renovate the Boston Science Museum. The projected is projected to last three years with a
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The City of Boston signed a long-term contract to renovate the Boston Science Museum. The projected is projected to last three years with a contract price of $960 million. The construction company projected the following construction costs: The construction company uses the percent of completion method to recognize revenue. Using the estimated costs above, how much revenue would be recognized in 2020,2021 , and 2022Step by Step Solution
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