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Sheffield Ltd . began work in 2 0 2 3 on a contract for $ 1 2 5 3 0 0 0 . Other data

Sheffield Ltd. began work in 2023 on a contract for $1253000. Other data are:
If Sheffield uses the completed-contract method, the gross profit to be recognized in 2024 is
$370400.
$402000.
$851000.
$1010000.
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