Can someone help me on Req 2B, No 4 Year 2022 construction in progress is incorrect. It is saying that the answer is not $946,740. Please help. Thanks.

On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,570,000. During 2021, costs of $2,190,000 were incurred with estimated costs of $4,190,000 yet to be incurred. Billings of $2,690,000 were sent, and cash collected was $2,440,000. In 2022, costs incurred were $2,690,000 with remaining costs estimated to be $3,885,000. 2022 billings were $2,940,000 and $2,665,000 cash was collected. The project was completed in 2023 after additional costs of $3,990,000 were incurred. The company's fiscal year-end is December 31. Arrow recognizes revenue over time according to percentage of completion. Required: 1. Compute the amount of revenue and gross profit or loss to be recognized in 2021, 2022, and 2023 using the percentage of completion method. 2a. Prepare journal entries for 2021 to record the transactions described (credit "various accounts" for construction costs incurred). 2b. Prepare journal entries for 2022 to record the transactions described (credit "various accounts for construction costs incurred). 3a. Prepare a partial balance sheet to show the presentation of the project as of December 31, 2021. 3b. Prepare a partial balance sheet to show the presentation of the project as of December 31, 2022. X Answer is not complete. Complete this question by entering your answers in the tabs below. DASA Dan SA Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Req 2B Req Req 3B Prepare journal entries for 2022 to record the transactions described (credit "various accounts for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) No Credit Year 2022 General Journal Construction in progress Various accounts 1 Debit 2,690,000 2,690,000 N 2022 2,940,000 Accounts receivable Billings on construction contract 2,940,000 2022 2,665,000 Cash Accounts receivable 2,665,000 4 2022 Cost of construction 2,776,433 MIZIN Prepare journal entries for 2022 to record the transactions described (credit "various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) No Credit Year 2022 General Journal Construction in progress Various accounts Debit 2,690,000 1 2,690,000 2 2022 2,940,000 Accounts receivable Billings on construction contract 2,940,000 3 2022 2,665,000 Cash Accounts receivable 2,665,000 4 2022 Cost of construction Construction in progress Revenue from long-term contracts 2,776,433 946,740 X 1,829,692 D2A Do 2A