DICIGNON XCO Remaining Time: 2 hours, 22 minutes, 47 seconds. Question Completion Status: QUESTION 12 JRE2 Inc, entered into a contract to install a pipeline for a fixed price of $2.395,000.JRE2 recognizes revenue upon contract completion Cost incurred Estimated Cost to Complete 2020 $ 276.000 $ 1.680.000 2021 1.730.000 630,000 2022 580,000 0 In 2021.JRE2 would report gross profit (loss) of: O $0. 05241,000). $(432,000). $(291,000). QUESTION 12 JRE2 Inc. entered into a contract to install a pleine for a fored price of $2.395,000.JRE2 recognizes revenue upon contract completion Cost incurred Estimated cost to Complete 2020 276,000 $ 1.680,000 2021 1.730,000 630.000 2022 580.000 0 In 2021.JRE2 would report gross profit (loss of: $0. ${241.000). ${432,000). $(291.000)