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3:04 O How much revenue and gross profit or loss will solo construction do...

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Accounting

3:04 O How much revenue and gross profit or loss will solo construction do recognize in the first and second year if it regained fecund upon contract completion. Revenue Gross loss or gross profit Revenue Gross loss or gross profit || ... Year 1 Year 2
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Notes The renal alliance commissioned the solo contraction co to contract a new base on the moon or endor for a fixed price of $40 million during this first year solo construction cost of $14 million. Estimated cost to complete the construction were 21 million at the end of the year 1. The base was completed during the 2 year with cont cost for that year totaling $22 million. How much revenue and gross profit or loss will solo construction do recognize in the first and second year if it regained fecund upon contract completion. Year 1 Year 2

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