Grange Construction Limited $($CL$)$ is located in Hanover, Jamaica. GCL two construction projects in progress during the year ended $31$ December $2020.$ Work on the contracts are certified by a surveyor as performance obligations are completed. The following figures relate to two projects at the end of the reporting period.Kendal ProjectCove Project$$\text{'}000$$$\text{'}000$Contract price$120,000110,000$Costs incurred to date$26,80035,040$Estimated costs to completion$67,20081,760$Value of work certified to date$28,80036,000$Progress Billings $($amt$.$ invoiced$)30,40040,800$Cash received on invoiced amount$28,40029,800$For the year ended $31$ December $2019$ revenue and cost recognized on the Kendal project was $$15,000$ and cost $$11,000$ respectively. KCL recognizes revenues and profits on construction contracts using the input approach REQUIRED:Calculate the figures which would appear in GCL$\text{'}$s financial statements