Question: Contractor & Owner sign a written contract whereby Contractor will build house for Owner for $ 5 0 0 , 0 0 0 . Contractor

Contractor & Owner sign a written contract whereby Contractor will build house for Owner for $500,000.
Contractor reasonably expects to make $100,000 profit on the work (and can prove/demonstrate this).
The contract DOES NOT mention the possibility that the price of materials may go up or down after the contract was signed.
Additional facts for this question: After construction on the house is finished (of high quality, & without defects) & before paying any money to Contractor, Owner repudiates the contract & refuses to pay any money to Contractor. Because the cost of materials went up/increased during the construction, the Contractor has already spent $550,000(five-hundred and fifty thousand) for labor & materials to build the house. Owner refuses to pay and has not yet paid any money to Contractor.
How much (be specific) will court order Owner to pay Contractor & why?

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