Hello , could you please demontrate these questions . I dont know why dont we subtract 24,090,000 (

Hello , could you please demontrate these questions . I dont know why dont we subtract 24,090,000 ( 16.5 Milion + 7.59Milion ) from 18,000,000 ? The following information relates to questions 104 and 105. Cooper Construction Company had a contract starting April 2015,to construct a $18,000,000 building that is expected to becompleted in September 2017, at an estimated cost of $16,500,000.At the end of 2015, the costs to date were $7,590,000 and theestimated total costs to complete had not changed. The progressbillings during 2015 were $3,600,000 and the cash collected during2015 was 2,400,000. *104.    For the yearended December 31, 2015, Cooper would recognize gross profit on thebuilding of: a.   $632,500 b.   $690,000 c.   $810,000 d.   $0 104.         b         ($18,000,000 – $16,500,000) ´ ($7,590,000 ÷ $16,500,000) =$690,000. *105.    At December31, 2015 Cooper would report Construction in Process in the amountof: a.   $690,000 b.   $7,590,000 c.   $8,280,000 d.   $7,080,000 *105.       c          $7,590,000+ $690,000 = $8,280,000. . . .