Brady Construction Company contracted to build an apartment complex for a price of $5,000,000. Construction began in 2011 and was completed in 2013. The following are a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars.

Required:
Copy and complete the followingtable.

Transcribed Image Text:

Costs Incurred During Year Percentage-of-Completion Completed Contract Situation 2011 2012 2013 2011 20122013 4