I really need help po 6pm due huhuhuhuhu thanks alot

AAA Contractors recognizes construction revenues and expenses using the percentage of completion method. During 2011, a single long term contract was started, which continued through the year 2012. Information the select follows: Account receivable on contract Construction expense for year Construction in progress Partial billings on contract * Required Email address * asde@gmail.com 2011 P1 OO,OOO 1 05,ooo 122,000 1 oo,ooo 2012 P300,ooo 192,000 364,000 420,000 1. Profit Recognized in 2011 should be O a. P 50,000 O b. P 108,000 O c. p 17,000 @ d. P 122,000 1 point