Question: abc co. entered into a long-term construction contract for 3 years. contract price agreed was 8,300,000. the outcome of the contract was reliable. the following

abc co. entered into a long-term construction contract for 3 years. contract price agreed was 8,300,000. the outcome of the contract was reliable. the following data were ascertained for the contract: 2021-2022 Percentage of completion 30%-82.5% Estimated cost to completion 3,920,000-1,680,00. How much is the cost of construction for 2022

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