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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 12- and 24-month contracts. The corporation provides services to each customer every month. On July 1,2023, Bigham sold the following customer contracts: \table[[Length of contract,Total Proceeds],[12 months, $35,200

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