Brady Construction Company contracted to build an apartment complex for a price of $5,100,000. Construction...
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Brady Construction Company contracted to build an apartment complex for a price of $5,100,000. Construction began in 2024 and was completed in 2026. The following is a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars.
Situation
Costs Incurred during Year
Estimated Costs to Complete (As of the End of the Year)
2024
2025
2026
2024
2025
2026
1
$ 1,510
$ 2,160
$ 930
$ 3,090
$ 930
2
1,510
930
2,440
3,090
2,440
3
1,510
2,160
1,680
3,090
1,580
4
510
3,010
1,020
3,570
880
5
510
3,010
1,370
3,570
1,580
6
510
3,010
1,900
4,700
1,790
Required:
Complete the following table
Required: Complete the following table. Note: Do not round intermediate calculations. Enter your answers in whole dollars and not in thousands of dollars (i.e., $400 thousand should be entered as $400,000 ). Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign
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Required: Complete the following table. Note: Do not round intermediate calculations. Enter your answers in whole dollars and not in thousands of dollars (i.e., $400 thousand should be entered as $400,000 ). Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign
