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Arlington Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were P2,400,000 on March 1, P1,980,000 on

Arlington Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were P2,400,000 on March 1, P1,980,000 on June 1, and P3,000,000 on Decembe...

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