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Assume Avaya contracted to provide a customer with Internet infrastructure for $ 2 , 7 6 0 , 0 0 0 . The project began

Assume Avaya contracted to provide a customer with Internet infrastructure for $2,760,000. The project began in 2024 and was completed in 2025. Data relating to the contract are summarized below:
\table[[Costs incurred during the year,2024,2025],[Estimated costs to complete as of 1231,364,000,$2,175,000
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