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The Leto Construction Company began work on a $12,000 contract on 1/1/20. Planned completion was...

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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 Percen Yage-of Completion method is used. Given the following: The 12/31/20 balance of Construction Progress is: Select one: a. $3,000 b. $3,166 C. $3,625 d. $4,500 e. $2,500 The Leto Construction Company began work on a $12,000 contract on 1/1/20. Planned completion was in 2022. The Percen Yage-of Completion method is used. Given the following: The 12/31/20 balance of Construction Progress is: Select one: a. $3,000 b. $3,166 C. $3,625 d. $4,500 e. $2,500

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