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Project #1 - Downtown Hotel & Shopping Centre Contract Price S 12,000,000 Calculations and notes Costs incurred in 2020 2,074,500 Downtown Hotel & Shopping MEI
Project #1 - Downtown Hotel & Shopping Centre Contract Price S 12,000,000 Calculations and notes Costs incurred in 2020 2,074,500 Downtown Hotel & Shopping MEI Factory & Ware Estimated total costs to complete 7,360,500 includes costs incurred in 2020 Dec 31 2020 Costs to date 2,074,500.00 1,495,235.00 Other project information Estimated costs to complete 5.286,000.00 18,495,235.00 Progress Billings. Progress billing 2,000.000.00 1,500,000.00 31-May 575,000 Cash collected NOT TOTAL 1,245,000.00 1,100,000.00 31-Aug 675,000 30-Nov 750,000 Contract price 12,000,000.00 23,500,000.00 Collections Less: 1-Jul 575,000 Costs to date 2,074.500.00 1,495,235.00 9-Sep 670,000 Estimated costs to complete 5,286,000.00 18,495,235.00 Estimated total costs 7.360.500.00 18,495,235.00 Project #2 - Factory & Warehouse Estimated gross profit 4,639,500.00 5,004,765.00 Percent complete 0.23 0.08 Contract Price 23,500,000 Revenue 3,382.107.19 1,899,841.91 Costs incurred in 2020 1,495,235 Cost 2,074,500.00 1,495,235.00 Estimated costs in 2021 6,000,000 Contract Asset/Lability 1,307.607.19 404,606.91 Estimated costs in 2022 7,500,000 JE DONE JE DONE Estimated costs in 2023 3,500,000 For notes Project 1 1,382,107.00 ROUDNED Other project information Project 2 399,842.00 ROUNDED Progress Billings. 1,781,949.00 1-Dec 1,500,000 Collections 25-Dec 1,100,000
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