In 2021 Barton corporation agreed to build a warehouse for 1900000. Expected costs for the...
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In 2021 Barton corporation agreed to build a warehouse for 1900000. Expected costs for the warehouse follow: 2022, 300,000; 2023, 750,000; 2024, 375,000. Assume that barton completed the warehouse on time and in budget, that barricade performance obligations for the warehouse is fulfilled over time and that the costs incurred provide a close approximation of the value conveyed to the warehouse. Compute revenues, expenses, income for each yesr
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