Bella Construction Co. uses the percentage-of-completion method. In 20x1, Bella began work on a contract for $2358214; it was completed in 20x2. The following cost data pertain to this contract: Year ended December 31 20x2 $882941$571451 20x1 Costs incurred during the year Estimated costs to complete at the of year 468704 The amount of gross profit to be reconized on the income statement for the year ended December 31, 20x2 is: Select one a. $246297 b. $435118 c. $1006569 d. $903822 Check