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Riverbed Construction Corp. has consistently used the percentage - of - completion method. During 2 0 2 3 , Riverbed entered into a fixed -

Riverbed Construction Corp. has consistently used the percentage-of-completion method. During 2023, Riverbed entered into a
fixed-price contract to construct an office building for $6819000. Information relating to the contract is as follows:
Under the earnings approach, contract costs incurred during 2024 were
$1455870.
$1501650.
$2189850.
$2188350.
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