Costs exceed revenue: risk or reward

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Amajor advantage of case studies is