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Crane Corporation uses the completed-contract method. At the end of the first year of a $9023000 contract, the following information is available: In the first

image text in transcribed Crane Corporation uses the completed-contract method. At the end of the first year of a $9023000 contract, the following information is available: In the first year, Crane should recognize gross profit of $247750$275000$991000 $0

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