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Evan Corporation provided consulting services for Kensington Company in 2015. Evan incurred costs of $72,000 associated with the consulting and billed Kensington $108,000. Evan paid

Evan Corporation provided consulting services for Kensington Company in 2015. Evan incurred costs of $72,000 associated with the consulting and billed Kensington $108,000. Evan paid $48,000 of its costs in 2015 and the remaining $24,000 in 2016. Evan received $54,000 of its billing in 2015. Kensington paid the remaining $54,000 in 2016. Evan reports on the accrual basis of accounting. How much is Evan's 2015 and 2016 profit related to the Kensington consulting? 2015 $ 0 2016 0 Check

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