The following data pertains to Bell Cos construction jobs, which commenced during 2021:

What amount of gross profit/(loss) would Bell report in 2021 under the percentage of completion method, completed contract method, and zero profit method?

A. 20,000; (20,000); (20,000)

B. (20,000); 20,000; (20,000)

C. 40,000; 0; 0

D. 20,000; 0; 0

The following data pertains to Bell Co's construction jobs, which commenced during 2021: Project 1 Project 2 Contract price 420,000 300,000 Costs incurred during 2019 240,000 280,000 Estimated additional cost to complete 120,000 40,000 What amount of gross profit(loss) would Bell report in 2021 under the percentage of completion method, completed contract method, and zero profit method? 20,000: (20,000): (20,000) (20,000): 20,000: (20,000) 40,000; 0; 0 20,000; 0; 0