Question: On June 1 5 , 2 0 2 4 , Sanderson Construction entered into a long - term construction contract to build a baseball stadium

On June 15,2024, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington, D.C., for $430 million. The expected completion date is April 1,2026, just in time for the 2026 baseball season. Costs incurred and estimated costs to complete at year-end for the life of the contract are as follows ($ in millions):
\table[[Costs incurred during the year,2024,2025,2026],[Estimated costs to complete as of December,$40,$170,$60
On June 15,2024, Sanderson Construction entered into a long-term construction contract

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