24. On January 2,2011, a fire gutted the office building of BM Construction Company and destroyed all the files in the accountant's desk. The president of the company has contracted you to help reconstruct the contract information. The following date were taken from the salvaged files: 12/31/2009 12/31/2010 Architect's estimated cost to complete 12,450,000 3,000,000 Costs incurred 3,700,000 Percentage of completion 60% ncome recognized to date 500,000 1,200,000 What is the percentage of completion in 2009 of this constructive contract