Question 13 The Leto Construction Company began work on a $15,000 contract on 1/1/15. Planned completion was in 2017 The Percentage-of Completion method is used. Not yet answered Points out of 3.00 December 31 2015 2016 2017 Flag question Costs incurred to date Estimated costs to complete Billings to date Collections to date $2,500 $4,200 $11 9,500 4,000 3,800 7,300 5,100 5,000 12,000 11,900 The 12/31/15 balance of Construction in Progress is Select one O a. $3,000 O b. $2,700 c. $3,125 d. $5,500 O e. $2,500