Beaver Dam Builders Inc.has collected the following information about a dam it is building: costs to date $300,000, estimated total costs $1,200,000, estimated total revenues $1,600,000.If Beaver Dam uses the zero-profit method to recognize revenue, how much revenue related to the project have they recognized to date?
A) None
B) $300,000
C) $400,000
D) $1,600,000
Correct Answer:
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