1. On April 1, 2023, Trimex Construction Company entered into a fixed-price contract to construct a apartment building for P60,000,000.00. Trimex appropriately accounts for this contract under percentage of completion method. Information relating to the contracts is as follows: What amount of Construction in progress account must appear on the balance sheet of Trimex Construction as of December 31, 2023? 2. In relation to the above problem, how much must be the total estimated cost to complete