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During 2025. Cullumber Company started a construction job with a contract price of 51.590,000. Thejob was completed in 2027 . The following information is available.

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During 2025. Cullumber Company started a construction job with a contract price of 51.590,000. Thejob was completed in 2027 . The following information is available. (a) Compute the amount of gross profit to be recognized each year, assuming the percentage-oficompletion method is used. Gross profit reoognized in 2025 Gross profit recognized in 2026 \$ Grossprofit recognizied in 2027 \$

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