Question: Problem #I ( 4 points ) Early in 2 0 2 5 , Hailey Corporation engaged Kiner, Inc. to design and construct a complete modernization

Problem #I (4 points)
Early in 2025, Hailey Corporation engaged Kiner, Inc. to design and construct a complete modernization of Hailey's manufacturing facility. Construction began on June 1,2025 and was completed on December 31,2025. Hailey made the following payments to Kiner, Inc. during 2025:
\table[[Date,Payment],[June 1,2025,$2,000,000 Both questions please!
Problem #I ( 4 points ) Early in 2 0 2 5 , Hailey

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