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Business, 16.03.2020 21:11 MIYAISSAVGE2409

Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be completed in September 2023, at an estimated cost of $22900000. At the end of 2021, the costs to date were $12595000 and the estimated total costs to complete had not changed. The progress billings during 2015 were $3,600,000 and the cash collected during 2015 was $2,400,000.

At December 31,2015 Cooper would report construction in process in the amount of:?

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