1 Not yet answered Marked out of 1.00 Flag question Find the profit to be recognized for the first year of a If the Project price Project period $250,000, $3 year Actual Cost to date for the first year (Total Cumulative Cost) $25,000 Total Project Cost for the first year Find the % of completion a. 75% b. 40% c. 50% d. 60% $50,000