Use the Following Information for Questions 86 Through 88

question 99

Multiple Choice

Use the following information for questions 86 through 88.
Gorman Construction Co. began operations in 2015. Construction activity for 2015 is shown below. Gorman uses the completed-contract method.
-Which of the following should be shown on the income statement for 2015 related to Contract 1?

• A) Gross profit, $675,000
• B) Gross profit, $1,500,000
• C) Gross profit, $1,575,000
• D) Gross profit, $900,000

---

Definitions:

Corpus Spongiosum

A spongy body of erectile tissue that surrounds the urethra and expands at the end to form part of the glans penis.

Sexual Performance

Refers to how individuals function sexually, often in relation to libido, stamina, and ability to achieve sexual satisfaction.

Medications

Medications are drugs used to diagnose, treat, or prevent illness and disease, managing symptoms to improve quality of life.

Libido

A term used to describe sexual drive or desire for sexual activity.