Help Center? rrect Question 2 0/1 pts BBB Inc. entered into a contract to install a pipeline for a fixed price of $1,800,000. The company recognizes revenue with the percentage of completion method. Cost incurred 2020 $ 250,000 2021 800,000 2022 450,000 Estimated Cost to Complete 1,250,000 550,000 In 2020, the company would report gross profit (loss) of: A) $(100,000). B) $50,000. C) $123,000. D) $2,000. A B