Indiana Co began a construction project in 2021 with a contract price of $165 million to be received when the project is completed in 2023. During 2021 Indias incurred $33 million of costs and estimates an additional $84 million of costs to complete the project. Indiana recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed Indiana Multiple Choice Recognized $13.54 million gross profit on the project in 2021 Recognized $8100 milion logs on the project in 2021 Recognised 53300 milions on the project in 2021 Recognized no gross profor loss on the project in 2021