Suppose WatsCo is a construction company who enters into a long-term contract to build a bridge. Under the Precentage-to-completion method, if the firm overestimates initial construction costs, it would have which of the following effects in the first year of the contract? The firm would record less revenue than if it had accurately estimated costs The firm would record more revenue than if it had accurately estimated costs The firm would record the same revenue than if it had accurately estimated costs O Watson says don't pick this one