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Sage Construction Company has entered into a contract beginning January 1 , 2 0 2 0 , to build a parking complex. It has been

Sage Construction Company has entered into a contract beginning January 1,2020, to build a parking complex. It has been estimated that the complex will cost $604,000 and will take 3 years to construct. The complex will be billed to the purchasing company at $902,000. The following data pertain to the construction period.
\table[[,2020,2021,2022],[Costs to date,$253,680,$489,240,$613,000
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