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JRE2 Incorporated entered into a contract to install a pipeline for a fixed price of...

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Accounting

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JRE2 Incorporated entered into a contract to install a pipeline for a fixed price of $2,305,000.JRE2 recognizes revenue upon contract compietion. In 2025. JRE2 would report gross profit (los5) of Multiple Choce $108000 $57,000 3(149,000) $19000

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