Indiana Co, began a construction project in 2021 with a contract price of $162 million to be received when the project is completed in 2023. During 2021, Indiana incurred $37 million of costs and estimates an additional $12 million of costs to complete the project. Indiana recognizes revenge over time and for this project recognizes revenue over time according to the percentage of the project that has been completed in 2022, Indiana incurred additional costs of $53 milion and estmated an additional $38 millon in costs to complete the project. Indiana (Do not round your percentage calculated): Multiple Choice Recognised $12.50 milion gross profon the project in 2022 Mecognised $400 milion gross proton there in 2022 Recon 50 ron protein 2012 econd $400 Bongo prontin 2002