On June 15,2024, Sanderson Construction entered into a long-term construction contract to build a baseball...

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Accounting

On June 15,2024, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington, D.C. for $330 million. The expected completion date is April 1,2026, just in time for the 2026 baseball season. Costs incurred and estimated costs to complete at year-end for the life of the contract are as follows ($ in millions):
\table[[Costs incurred during the year,2024,2025,2026],[\table[[Estimated costs to complete as of December 31],[Required:]],\table[[$90
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