Brierton Company enters a contract at the beginning of year 1 to build a new federal courthouse for a price of $30 million. Brierton estimates that total cost of the project will be $21 million and will take 5 years to complete. Year 1 2 3 4 Cost incurred $2.1 million $8.4million $6.3 million $3.15 million $1.05 million $21 million Payments received $6 million $6 million $6 million $6 million $6 million $30 million Total If Brierton used percentage-of-completion method to loss in year 2? ccount for this project, what would they have reported as profit or A. $3.6 million OB. ($2.4 million) OC. ($1.5 million) OD. $4.5 million