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Greet Construction completed the remaining 25% of the building construction on December 31, 2021, as scheduled. At that time the total costs of construction were

Greet Construction completed the remaining 25% of the building construction on December 31, 2021, as scheduled. At that time the total costs of construction were $7,500,000.

What is the total amount of Revenue from Long-Term Contracts that Greet recognized for the year ended December 31, 2021? $Answer

What is the total amount of Construction Expenses that Greet recognized for the year ended December 31, 2021? $Answer

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