Question in Accounting

Q-8 Sarita Construction Co. obtained a contract for construction of a dam The following detailsare available In records of company for the year ended 31st March, 2018: In Lakhs Total Contract Price 12.000 Work Certified 6,250 Work not certined 1,250 Estimated further cost to completion 8,750 Progress payment received 5,500 Progress payment to be received 1,500 Applying the provisions of Accounting Standard 7 Accounting for Construction Contracts" you are required to compute: 0) Profil/Loss for the year ended 31st March, 2018 (0) Contract work in progress as at end of financial year 2017-18