Question 25 Question 25 of 29 2 points Save Arrower In spring 2017, Parmac Engineering Company signed a $240 million contract with the city of Parkersburg, to construct a new city hall, Parmac expects to construct the building within two years and incur expenses of $180 million. Parmac incurred $72 million in costs during 2017 and rest in 2018 to complete the contract on time. Using the cost-to-cost method how much revenue should Parmac recognize in 2017? OS 60 million $108 million S96 million $144 million