On January $1,2022,$ Winter Harvest Ltd$.$ started a construction project for $ $4,500,000.$ Relevant data for $2022$ and $2023$ are as follows:

$20222023$

Current year construction costs $ $3,300,000$ $ $620,000$

Estimated remaining costs to complete $600,000-0-$

Current year billings $3,100,0001,400,000$

Current year collections $3,000,0001,500,000$

Required

$1.$ Calculate the following amounts for each method:

$2.$ Completed Contract Percentage of Completion

$2022202320222023$

Gross Profit $ $?$ $ $?$ $ $?$ $ $?$

Construction in progress year$-$end balance. $ $?$ $ $?$ $ $?$ $ $?$

Costs in excess of billi$\backslash$table$[[,\backslash$table$[[$Completed$],[$Contract$]],\backslash$table$[[$Percentage of$],[$Completion$]]],[,2022,2023,2022,2023],[$Gross Profit,$$?,$$$?,$$$?,$$$?$ngs $($Billings in excess of costs$)$ $ $?$ $ $?$ $ $?$ $ $?$