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Blue Co had the following first-year amounts related to its $12000,000 construction contract: Assuming the contract qualifies for revenue recognition over tume, what totol amount

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Blue Co had the following first-year amounts related to its $12000,000 construction contract: Assuming the contract qualifies for revenue recognition over tume, what totol amount (excluding cash) should Blue co. recognize as current assets at year end Murtiple Choices 50 $1,000,000 $900000 $3,000,000

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