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How much revenue will you realize on this contract

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Reference no: EM131746131

On December 31, 20x5, you enter into a three year contract to build an office building for $18390164.56. At the end of 20x6, you incurred $5191387.62 of costs and expect to incur an additional $8994496.04 to complete the contract. How much revenue will you realize on this contract in 20x6?

Select one:

a. $10614321.49

b. $4204280.90

c. $1538575.41

d. $6729963.03

Reference no: EM131746131

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