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 2014?
Definitions:
Q25: Murphy Co. had 60,000 common shares outstanding
Q30: Refer to Exhibit 20-2. The interest expense
Q73: Refer to Exhibit 17-2. What amount of
Q87: James Company reports the following information related
Q102: Which method of revenue recognition do IFRS
Q110: The most common "potential common shares" that
Q117: Common stock issued to employees through the
Q119: On December 31, 2013, Albright Bank restructures
Q138: Shown below is a list of key
Q161: On April 1, 2013, the bondholders of