Save Answer 2 points Janah Co. signed a construction contract with the ministry of health to build a hospital in three years starting 1/1/2017 and finishing 31/12/2019. The contract price is set for 88.000.000 and the overall costs are estimated to be 56,000,000. You have the following information: The contract price is increased by 1 million by the end of 2017 and another 1 million by the end of 2018. The estimated overall costs increased by 4 million by the end of 2018. Cumulative actual cost by the end of 2017 is 14 million Estimated Costs for Completion by the end of 2018 is 15 million. And the contract completed on time Profit allocated for year 2019 only is (in thousands) 8.250 30,000 14,250 71500