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Kleso, Intermediate Accounting, 16e INTERMEDIATE ACCOUNTING 1/2 (1is Exercise 18-33 bring 2017, Caria Company started construction job with a contract price of S 1,590,000. The

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Kleso, Intermediate Accounting, 16e INTERMEDIATE ACCOUNTING 1/2 (1is Exercise 18-33 bring 2017, Caria Company started construction job with a contract price of S 1,590,000. The job was completed in 2019. The folowing information 1able. 2017 410,000 $901,180 $1,067,000 Costs incurred to date Estimated costs to complete Miings to date Collections to date 90,000 197,820 97,000 9030 1,590,000 271,000805,000 1,434,000 Your answer is incorrect. Try again Compute the amount of gross profit to be recognized each yea, assuming the percentage-of-completion method is used Gross proft recognied in 2017 Gross profit recognized in 2018 Gross profit recognized in 2019 de 0 0

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