. On March 15, 2017, Frankel Construction contracted to build a shopping center at a contract price of $240 million. The schedule of expected (which equals actual) cash collections and contract costs follows: Year Cash Collections Cost Incurred 2017 $60 million $30 million 2018 100 million 80 million 2019 80 million 60 million Total $240 million $170 million Calculate the amount of net income for each of the three years 2017 through 2019 using the cost-tocost method. ($ millions) a. 2017: 13.2 2018: 32.8 2019: 24.0 b. 2017: 60 2018: 100 2019: 80 c. 2017: 30 2018: 20 2019: 20 d. 2017: 17.50 2018: 29.16 2019: 23.34