View Current Attempt in Progress On April 1.2000. Whispering centered into considere contatto construct an emerto for Allom Corporation. At the contract date. Whispering estimated that it would take years to complete the project at a cost of $2.200.000 The ford feated in the contract 478.00 Whapprogwiately accounts for this contract under the percentage of completion method. Durin 2020, Whispering in red costs of $830,000 related to the project. The estimated cost of December 31, 2020, to complete the contract is $1.361,000. Atom was billed 65.00 under the contract Prepare a schedule to compute the amount of res profitto be recomed by Whispering under the contract for the year ended December 31, 2020. (an amount reduces the account balance the enter with negative res-45 or portes (05 WHISPERING INC Computation of Gross Profit to be Recognised on Uncompleted Contract