Exhibit 17-1 The following information relates to a project of the Cumberland Construction Company: 2018 Actual total costs incurred to date $136,000 2019 $616,000 2020 $882,000 Estimated costs to complete 714,000 264,000 The contract price was $1,200,000. Cumberland uses the cost-to-cost method of revenue recognition. Refer to Exhibit 17-1. What amount of revenue would be recognized in 2018? $136,000 $400,000 $192,000 $0