Turner Inc. began work on a $7-million non-cancellable contract in 2023 to construct an office building. During 2023, Turner incurred costs of $1.7 million, billed its customers for $1.2 million (non-refundable), and collected $960,000. At December 31, 2023, the estimated future costs to complete the project totalled $3.3 million. Prepare Turner’s 2023 journal entries using the percentage-of- completion method.