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The Leto Construction Company began work on a $12,000 contract on 1/1/20. Planned completion was in 2022. The Percentage-of Completion method is used. Given the

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The Leto Construction Company began work on a $12,000 contract on 1/1/20. Planned completion was in 2022. The Percentage-of Completion method is used. Given the following: The 12/31/21 balance of Construction in Progress is: Select one: a. $4,300 b. $5,040 c. $5,000 d. $4,200 e. $4,800

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