Assume that AAA Construction Corp. has a contract to build a ship for $1,000 and a reliable estimate of the contract's total cost is given below Project costs incurred by AAA are as follows: AAA Project Costs Year 2011 2012 2013 2014 Total Cost Incurred 355 345 175 Rest 890 Interest Incurred 3% 3.50% 4.50 % 3.65% Determine AAA's net income from this project for each year using the percentage-of-completion and completed contract methods in accordance with U.S. GAAP through the evaluation of expense and capitalization recognition and also by U.S GAAP based recognition.