O nvokerassignments&takeAssignmentSessionLocator assignment takenprogress=false book Calculator Exercise 4-22 (102) Bigham Corporation, an accrual basis calendar year taxpayer, sells its services under 12-month and 24-month contracts. The corporation provides services to each customer every month. On July 1, 2019, Bigham sold the following customer contracts: Length of contract 12 months 24 months Total Proceeds $14,000 $24,000 Determine the income to be recognized in tascable income in 2019 and 2020. Length of Contract 2019 Income 2020 Income 12 months 24 months DOLL