Financial Reporting and Analysis Q82
| (All figures in „000s $) | Year 1 | Year 2 | Year 3 |
| Costs incurred and paid | 1,500 | 2,000 | 1,000 |
| Amounts billed and payments received | 1,000 | 2,000 | 2,000 |
The amount of revenue (in $„000s) the company will recognize in Year 2 is
closest to:
closest to:
