Buildinu fer 17. Wilson Construction entered into a contract to construct the Interdisciplinary Rescarch a fixed price of $15.600,000, Wilson recognizes revenue over time according to percenta Cost Incurred $3,900,000 6,500,000 Estimated Additional Cost to Complcte $7,800,000 2,600.000 0 2018 2019 2020 3,250,000 How much revenue would Wilson recognize in 2018? A. $3.900,000 B. $7,800,000 C. $6,500,000 D. $15,600,000 E. $5,200,000 18. On Novcmber 10th of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. Flores uses the gross method of accounting for cash discounts. What is thecct entry for Flores on November 17th, assuming the correct payment was received on that date? A. Cash 7,840 Accounts rcceivable 7,840 B. Cash 7,840 160 Sales Accounts receivable 8,000 C. Cash 8,000 160 Sales discounts Accounts receivable 8,000 160 Sales D. Cash 7,840 160 Sales discounts Accounts receivable 8,000