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The Markert Company won a contract to build a shopping center at a price of $ 3 0 0 million. The following schedule details the
The Markert Company won a contract to build a shopping center at a price of $ million. The following schedule details the estimated and actual costs of construction and the actual cash collections under the contract:
Estimated Actual Costs
of Construction Cash Collections
From Customer Year $ $ Year Year Year $ $
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