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Business, 02.11.2019 04:31 gyliahicks

Cooper construction company had a contract starting april 2015, to construct a $18,000,000 building that is expected to be completed in september 2017, at a total estimated cost of $16,500,000. at the end of 2015, the costs to date were $7,590,000 and the estimated total costs to complete had not changed. the progress billings during 2015 were $3,600,000 and the cash collected during 2015 was 2,400,000. for the year ended december 31, 2015, cooper would recognize gross profit on the building of:

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