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In 2024, KP Building Incorporated began work on a four-year construction project (called Cincy One). The contract price is $405 million. KP recognizes revenue on

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In 2024, KP Building Incorporated began work on a four-year construction project (called Cincy One). The contract price is $405 million. KP recognizes revenue on this contract over time according to percentage of completion. At the end of 2024 , the following financial statement information indicates the results to date for Cincy One: Required: Compute the following, placing your answer in the spaces provided and showing supporting computations below. Note: Round your percentage answer to the nearest whole number. Enter your answers in millions (i.e., 10,000,000 should be entered as 10)

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