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Microsoft began a construction project in 2024 with a contract price of $162 million to be received when the project is completed in 2026. During 2024. Microsoft incurred $37 million of costs and estimates an additional $82 million of costs to complete the project. Microsoft recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed. In 2025, Microsoft incurred additional costs of $58 million and estimated an additional $39 million in costs to complete the project. Microsoft: Note: Do not round intermediate calculations. Mutipie Choice recognized $6.48 milion gross proft on the project in 2025 recognized $5.00 mullion gross peofit on the project in 2025. recognized 526.50 milion gross profit on the project in 2025 . recognized 52800 milion gross profit on the project in 2025