Question: During 2 0 2 0 , Sol Construction started a new, three year construction job with a contract price of $ 5 0 0 million.

During 2020, Sol Construction started a new, three year construction job with a contract price of $500 million. Sol determined that the contract qualifies for revenue recognition over time based on percentage complete. Sol has a 12/31 fiscal year end. The contract will be completed on 12/31/22 with the following information across the three years. ( $ in millions):
During 2020, Sol Construction started a new, three year construction job

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