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(b) Entage-of-completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Enter negative amounts using either
(b) Entage-of-completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses eg (45)) 2023 Gross profit/(loss) $ 157500 eTextbook and Media 2024 105000 2025 77500 Attempts: 1 of 5 used Using the completed-contract method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Do not leave any answer field blank. Enter O for amounts. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Gross profit/(loss) $ 2023 2024 2025
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