On June $15,2024,$ Lawson Consrruction entered into a long$-$term construction contract to build a baseball Stadium in washington D$.$C$.$ for $360$ million, The expected Completion date is April $1,2026,$ just in time for $2026$ baseball season. Cost incurled and estimated cost to complete at year$-$end for life of the contract are as follows $(8$ in millions$)$

$\backslash$table$[[$Cost incurring during year,$30,140,40],[$estimated Costs to completa,$170,80,],[$as of Dec. $31,,,]]$

suppose estimated cost to comprete at end of $2025$ are $170$ milion instad of to million compute amount of fo revenul and groes profit to be recognized in $2025.$

Percentages of compution

$202420252026$

On June $15,2024,$ Lawson Consrruction enterid into a long$-$term construction contract to build a baseball Stodium in washington D$.$C$.$ for $360$ million, The expected Completion date is April $1,2026,$ just in time for $2026$ baseball season. Cost incurled and estimated cost to complete at year$-$end for life of the contract are as follows $(8)$ in millions$)$

$\backslash$table$[[$Cost incurring during year,$30,140,40],[$estimated Costs to completa,$170,80,],[$as of Dec. $31,,,]]$

suppose estimated cost to comprete at end of $2025$ are $170$ milion instad of to million compute amount of fo revenul and groes profit to be recognized in $2025.$

Percentages of compution

$202420252026$