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Compute revenues and expenses

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A $10,000,000 contract is executed to build a warehouse. Total estimated costs to complete the project are $7,500,000. The construction company incurred the following costs during the project: $2,625,000 in 2019; $3,000,000 in 2020; and $1,875,000 in 2021. Answer each question in complete (whole) numbers - add all applicable zeroes.

Question A. Compute revenues for 2019.

Question B. Compute expenses for 2019.

Question C. Compute profit (income) for 2019.

Question D. Compute revenues for 2020.

Question E. Compute expenses for 2020.

Question F. Compute profit (income) for 2020.

Question G. Compute revenues for 2021.

Question H. Compute expenses for 2021.

Question I. Compute profit (income) for 2021.

Reference no: EM132711147

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