R Ltd has the following year-end information regarding one of its long-term contracts: Valuc certified-recognised as turnover Profit recognised 2,500,000 750,000 1,875,000 2,200,000 220,000 Cash...

Hi. I want the answer for (b) part only. Thanks. Peace out ✌️

Extracted text: R Ltd has the following year-end information regarding one of its long-term contracts: Valuc certified-recognised as turnover Profit recognised 2,500,000 750,000 1,875,000 2,200,000 220,000 Cash received Costs to date Future costs (a) The cost of work certified was £ (b) The value of the contract debtor is L