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Will give thumbs up if done correctly and quickly. No explanation needed Assume Avaya contracted to provide a customer with Internet infrastructure for $2,810,000. The

image text in transcribed Will give thumbs up if done correctly and quickly. No explanation needed

Assume Avaya contracted to provide a customer with Internet infrastructure for $2,810,000. The project began in 2024 and was completed in 2025 . Data relating to the contract are summarized below: Compute the amount of revenue and gross profit or loss to be recognized in 2024 and 2025 , assuming this project does not qualify for revenue recognition over time. Note: Loss amounts should be indicated with a minus sign. Leave no cells blank

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