Use the following information for questions. Piano Construction Corp.began operations in 2014.Construction activity for 2014 is shown below.Piano uses the completed-contract method. 
-Which of the following should be shown on the income statement for 2014 related to Contract 1?
Definitions:
Quantity
The amount or number of a material or immaterial thing not usually estimated by spatial measurement.
Money
Main job is to be a medium of exchange; also serves as a standard of value and a store of value.
Economic Villains
Individuals, organizations, or phenomena recognized for their destructive impact on economic stability, integrity, or growth.
Entrepreneurs
Individuals who create, organize, and manage a new business venture, taking on greater than normal financial risks in order to do so.
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