Question $74$

$5$ pts

Syco Company signed a long$-$term contract in $201$ to build a hydroelectric plant for the lowa Power Company for $$110,000,000.$ Syco initially estimated cost to be $$90,000,000.$ Cost incurred each year and estimated cost to complete at the end of each year are as follows:

$\backslash$table$[[,\backslash$table$[[$Cost incurred during$],[$the year$]],\backslash$table$[[$Estimated cost to$],[$complete at year end$]]],[201,$$$30,000,000,$$$60,000,000$