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Wildhorse Corp. contracted to build a bridge for $5,240,000. Construction began in 2023 and was completed in 2024. Data relating to the construction are:
Wildhorse Corp. contracted to build a bridge for $5,240,000. Construction began in 2023 and was completed in 2024. Data relating to the construction are: 2023 2024 Costs incurred $1,697,760 $1,467,200 Estimated costs to complete 1,446,240 (a) Using the percentage-of-completion method and the cost-to-cost basis, how much revenue should be reported for 2023? Revenue $
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