HW 5 -Chapter 18 - / 10 E Question 8 of 20

HW5Chapter 18 Question 8 of 20 View Policies Current Progress 2020 Windscy- Cwp. began constmctiOn under a contract. Ttk contract price was CW WimiSot uses the accounting The to be recognized each is the proportion of incurred to total estimated Costs for the contract. The financial presentatjns relating to this at g 1.2020, are shown que Sheet ntS ble Construction i n Less: Billings Costs and recognized profit in excess Of Statement $19,500 S a 700 tax) on the recogni zed in 2020 S 20.610 (a) HOW much cash was collected in 2020 on this contract billings collected S _outum -