Question: On July 1 , 2 0 2 5 , Oriole Construction Company Inc. contracted to build an office building for Winds Corp. for a total

On July 1,2025, Oriole Construction Company Inc. contracted to build an office building for Winds Corp. for a total contract price of $1,880,000. On July 1, Oriole estimated that it would take between 2 and 3 years to complete the building. On December 31,2027, the building was deemed substantially completed. Following are accumulated contract costs incurred, estimated costs to complete the contract, and accumulated billings to Winds for 2025,2026, and 2027.
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On July 1 , 2 0 2 5 , Oriole Construction Company

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