QUESTION 4 Brierton Company enters a contract at the beginning of year 1 to build a new federal courthouse for a price of $30 million. Brierton estimates that total cost of the project will be $21 million and will take 5 years to complete. Year 1 2 3 4 5 Total Cost incurred $2.1 million $8.4million $6.3 million $3.15 million $1.05 million $21 million Payments received $6 million $6 million $6 million $6 million $6 million $30 million If Brierton used percentage-of-completion method to account for this project, what would they have reported as profit or loss in year 2? O A. ($2.4 million) O B. ($1.5 million) O C. $3.6 million O D. $4.5 million