construction contract when lost incurred (mock exam mcq question)

in a construction contract that is 10% complete the following information is given as at the end of the first year. Contract price $ 2,000,000 Cost incurred to date $ 300,000 includes $ 50,000 period specific Estimated costs to complete $ 1,400,000 What figures should be recognised in the statement of profit or loss for revenue recognised and costs recognised? A: W1 Rev Reg $2,000,000 * 0.1 = $ 200,000 minus cost incurred general ($300,000-$50,000 + $1,400,000) * 0.1= $165,000 minus cost incurred specific $50,000 total cost recognised = 165,000+50,000=$215000 profit reg 200,000-215,000= lost (15,000) correct answer $200,000 rev and $ 200,000 cost and no option for $200,000 rev and $215000 cost may i know why? is that becoz the cost will never should exceed the rev? or sth?