Question: Pharoah Enterprises Ltd . has entered into a contract beginning in February 2 0 2 3 to build two warehouses for Blossom Structures Ltd .

Pharoah Enterprises Ltd. has entered into a contract beginning in February 2023 to build two warehouses for Blossom Structures Ltd. The contract is a non-cancellable fixed-price contract for $10.4 million. The following data pertain to the construction period.
\table[[,2023,2024,2025],[Costs for the year,$3,960,000,4,840,000,1,100,000
 Pharoah Enterprises Ltd. has entered into a contract beginning in February

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