Question 2 acer Question 2 View Policies Current Attempt in Progress Cullumber Construction Company began work on a $400,000 construction contract in 2020. During 2020, Cullumber incurred costs of $250 Prepare Cullumber's journal entry to record profit or loss, if any, using (a) the percentage-of-completion method and (b) the completed-contr for the amounts. Round answers to decimal places, eg. 5,275.) No. Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts contract in 2020. During 2020. Cullum incurred costs of 20.000 for $200.000 collected $170.000. Al Deceber 31, 2020, the estimated final costs to complete the project total $17AM percentage of completion method and the come contact method Ond e y Indented when mounted Do not inden m a n entry is required selectentry for the accounts and entero Attempts of used for