Question: Estate Construction is constructing a building for Cyber B, an online retailing company. Under the construction agreement, if for any reason Estate can't complete construction,

Estate Construction is constructing a building for Cyber B, an online retailing company. Under the construction agreement, if for any reason Estate can't complete construction, Cyber B would own the partially completed building and could hire another construction company to complete the job. When should Estate recognize revenue as the building is constructed, or after construction is completed?

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