Question 9 9. The following information relates to a project of the Cumberland Construction Company: 2016 2017 2018 Actual total costs incurred to date $136,000 $616,000 $882.000 Estimated costs to complete 714,000 264.000 The contract price was $1,200,000. Cumberland uses the cost-to-cost method of revenue recognition What amount of revenue would be recognized in 2016? a $400,000 O b. 5192,000 O $136,000 O d. $0