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IV. A construction Company entered into a long-term contract to construct a building at a...

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Accounting

IV. A construction Company entered into a long-term contract to construct a building at a contract price of $1,250,000. Construction began in 2008 and was completed in 2010. The company used the cost-to-cost percentage-of-completion method to account for this transaction. Other relevant information has been summarized below:
\table[[,2008,2009,2010
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