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The Leverenz Construction Company began work on a $12,000 contract on 1/1/22. Planned completion was in 2024. The Percentage -ofCompletion method is used. 2023 Net

The Leverenz Construction Company began work on a $12,000 contract on 1/1/22. Planned completion was in 2024. The Percentage -ofCompletion method is used. 2023 Net Income (Loss) is: a. $(641) b. $(380) c $(260) d. $239 e. S(1,380)

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