Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Madison Building Company signed a contract with a customer on November 1, 2019. The contract called for construction of a building to begin by December 31, 2019, and to be completed by December 31, 2020. The contract price was $9.0 million. Madison estimated that the building would cost $6.0 million. On November 15, 2019, the customer was required to make an advance payment of $1,000,000. No work was done on the project until January 2020. How much income from the project should Madison report in 2019? Show lessA Income from the project Required 2 > Prev 1 of 3 Next > search hp