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 $340 million. The expected completion date is April 1,2026, just in time for the 2026 baseball season. Costs incurred and estimated costs to complete at year-end for the life of the contract are as follows ($ in millions):
202420252026
Costs incurred during the year $ 40 $ 120 $ 50
Estimated costs to complete as of December 3116090

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