Question: During 2 0 2 1 , Thoma Construction started a new construction job with a contract price of $ 6 2 0 million. Thoma has

During 2021, Thoma Construction started a new construction job with a contract price of $620 million. Thoma has a 12/31 fiscal year end. Thoma has determined that the contract qualifies for revenue recognition over time based on the percentage of completion. The contract was completed on 12/31/23 with the following information ( $ in millions):
During 2021, Thoma Construction started a new construction job with a

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