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Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 1 2 - and 2 4 - month contracts. The corporation provides services
Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under and month contracts. The corporation provides
services to each customer every month. On July Bigham sold the following customer contracts:
Determine the lowest amount of gross income the corporation must recognize in and
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