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Logger Construction Company is building a maintenance facility on a military base with total contract price of $1,200,000. Estimated construction costs and construction costs incurred
Logger Construction Company is building a maintenance facility on a military base with total contract price of $1,200,000. Estimated construction costs and construction costs incurred in year 1, year2, and year 3 are $100,000, $200,000, and $300,000, respectively. How much revenue should be recognized by Logger in year 2 for the project?
Group of answer choices
600,000
400,000
200,000
0
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