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During 2025 , Blossom Company started a construction job with a contract price of $1,580,000. The job was completed in 2027 . The following information

image text in transcribedimage text in transcribed During 2025 , Blossom Company started a construction job with a contract price of $1,580,000. The job was completed in 2027 . The following information is available. Compute the amount of gross profit to be recognized each year, assuming the cost-recovery method is used

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