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In 2021. Montana Corp. entered into a contract to begin work on a two-year project. Montana recognizes revenue over time according to percentage of completion

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In 2021. Montana Corp. entered into a contract to begin work on a two-year project. Montana recognizes revenue over time according to percentage of completion for this contract, and provides the following information (dollars in millions): Selected Amounts What is the amount of gross profit on the project recognized by Montana during 2021? $70,000,000 $60,000,000 $35,000,000 $105,000,000

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