Mulger Co. began working on a project on August 2019, to construct a BD16,500,000 bridge that is expected to be completed in October 2020, at an estimated cost of BD12,000,000. At the end of 2019, the costs to date were BD4,800,000 and the estimated total costs to complete had not changed. The progress billings during 2019 were BD3,200,000 and the cash collected during 2019 was BD 2,950,000. Mulger uses the cost-recovery method. What amount would be reported in Construction in Process at December 31, 2019? O A. BD12,000,000 O B. BD1,800,000 O C. BD6,600,000 O D. BD4,800,000