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ameengage.com/mod/quiz/attempt.php?attempt=31707568cmid=931597&page=1 YouTube Maps News Translate Castro Construction signs a contract to build a hotel. The construction is scheduled to begin on January 1, 2016 and

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ameengage.com/mod/quiz/attempt.php?attempt=31707568cmid=931597&page=1 YouTube Maps News Translate Castro Construction signs a contract to build a hotel. The construction is scheduled to begin on January 1, 2016 and is estimated to take four years to complete. Castro expects that its total cost for this project would be $130 million and charges its client $182 million in total. Based on the given actual costs incurred, complete the following table showing the percentage of completion, revenue recognized and gross profit for each year. Assume the company uses the percentage of completion method for revenue recognition Do not enter dollar signs or commas in the input boxes. Round all numbers to 1 decimal place. Gross Profit Year Costs IncurredPercentage of Completion Revenue Recognized 2016 $19.50 96 2017 $36.40 96 $ 2018 $36.40 96 $ 2019 $37.70 96 $ 96 $ Total $130.00 The numbers are in million dollars. Next pag

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