Year 1 Year 2 Year 3

Contract Price 7,500,000.00 7,500,000.00 19,500,000.00

Actual Cost Incurred - Current Year 2,300,000.00 4,000,000.00 9,000,000.00
Actual Cost Incurred - Prior Year 2,300,000.00 6,300,000.00
Actual Cost Incurred - To Date 2,300,000.00 6,300,000.00 15,300,000.00
Estimated Cost to Complete 4,600,000.00
Total Estimated Cost to Complete 6,900,000.00 6,300,000.00 15,300,000.00
Estimated Gross Profit 600,000.00 1,200,000.00 4,200,000.00
Percentage of Completion 33% 100% 100%
Realized Gross Profit - To Date 200,000.00 1,200,000.00 4,200,000.00
Realized Gross Profit - Prior Year (200,000.00) (1,200,000.00)
Realized Gross Profit - Current Year 200,000.00 1,000,000.00 3,000,000.00