Showing Question 5 View Policies Current Attempt in Progress 140 Oriole Enterprises Ltd. has entered into a contract beginning in February 2020 to build two warehouses for Atlantis Structures Ltd. The contract is a non-Cancellable fixed price contract for $9.7 million. The following data pertain to the construction period (all figures in thousands) 2020 2021 2022 Costs for the year $3,420 4,180 1.800 Estimated costs to complete 4,180 1,900 -0 Progress billings for the year (non-refundable) 3,095 3,605 3.000 Cash collected for the year 2.725 3,655 3,320 Using the percentage-of-completion method, calculate the percent complete for each year of the contract. 2020 2021 2022 26 Percent complete AING List of Accounts Type here to search o