Exhibit 17-2 The following information relates to a project of the Cumberland Construction Company: 
The contract price was $1,000,000. Cumberland used the percentage-of-completion method of revenue recognition.
-Refer to Exhibit 17-2. What amount of gross profit was recognized in 2016?
Definitions:
Black Tea
A type of tea that is more oxidized than oolong, green, and white teas, known for its strong flavor and higher caffeine content.
LDL Cholesterol
Low-density lipoprotein cholesterol, often referred to as "bad" cholesterol, which can lead to plaque buildup in arteries.
Blood Pressure
Blood Pressure is the pressure of circulating blood on the walls of blood vessels, an essential indicator of cardiovascular health.
Video Game Addiction
A behavioral disorder characterized by compulsive engagement in video games, often leading to significant impairment or distress.
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