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Question 5 (of 50) value 4.00 points JRE2 Inc. entered into a contract to install...

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Question 5 (of 50) value 4.00 points JRE2 Inc. entered into a contract to install a pipeline for revenue upon contract compietion fixed price of S2365000. JRE2 recognizes- 2015 2016 $ 272.000 In 2016, JRE2 would report gross profit foss) of O $1227000) O so O $/277000) O $404.000)

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