Question: 5. Hardhat Construction Company has a contract to construct a $2,250,000 bridge at an estimated cost of $2,000,000. The contract starts in 2018 , and

5. Hardhat Construction Company has a contract to construct a $2,250,000 bridge at an estimated cost of $2,000,000. The contract starts in 2018 , and the bridge is to be completed in 2020. By the end of 2019. Hardhat has revised the estimated total cost from $2,000,000 to $2,025,000. The following tables are completed. How much cost was incurred in 2019 ? $1,458,000$500,000=$958,000 How much cost was incurred in 2020 ? $2,025,000$1,458,000=$567,000 Complete the following financial statement for cach of the years. (10 points)
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