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Noyes Construction Corporation contracted to construct a building for $4,500,000. Construction began in 2016 and was completed in 2017. Data relating to the contract are summarized below:
Noyes assumes the performance obligation is satisfied over time. What amount of gross profit should Hayes report for 2016?
Rainbow Coalition
A political alliance or movement aiming at social justice and civil rights, originally founded by Jesse Jackson in the 1980s, emphasizing diversity and inclusion.
Grassroots Supporters
Individuals or groups that provide the base level of support for a movement or organization, often working voluntarily or with minimal organization at the local level.
Million Man March
A large gathering in Washington D.C. in 1995 aimed at promoting African American unity and family values.
Louis Farrakhan
A prominent African American religious leader and the head of the Nation of Islam, known for his controversial views and activism.
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