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Calculate the amount of gross profit (loss) to be recognized in each of the three years, assuming the following costs incurred and costs to complete

Calculate the amount of gross profit (loss) to be recognized in each of the three years, assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations.) 2013 2014 2015 Costs incurred during the year $ 2,410,000 $ 3,805,000 $ 3,210,000 Estimated costs to complete as of year-end 5,610,000 3,110,000 0

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