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On January 1 , Miller Construction Company contracted to build a parking lot for the city of St . Louis for $ 9 0 0

On January

1,

Miller Construction Company contracted to build a parking lot for the city of St

.

Louis for $

900, 000 .

The following transactions and estimates relate to this contract.

\

table

[[

Construction costs incurred during

2020,

480, 000

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