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The Hawk Corporation builds yachts. The vessels it currently produces are pratically identical and are completed in approximately 8 months. A cusomter has approached Hawk

The Hawk Corporation builds yachts. The vessels it currently produces are pratically identical and are completed in approximately 8 months. A cusomter has approached Hawk about constructing a larger yacht that would take approximatley 15 months to complete. What are the tax implications of accepting the contract proposal?

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