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The City of Boston signed a long-term contract to renovate the Boston Public Library. The projected is projected to last three years with a contract
The City of Boston signed a long-term contract to renovate the Boston Public Library. The projected is projected to last three years with a contract price of $960 million. The construction company projected the following construction costs: 2020 $175 million 2021 $50 million 2022 $275 million The construction company uses the percent of completion method to recognize revenue. Using the estimated costs above, how much revenue would be recognized in
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