Star Construction Corp. has a contract to construct a building for $10,964,200. The building is controlled by the customer throughout the term of the contract. Total costs to complete the building were originally estimated at $8,866,200. Construction commenced on 4 February 205. Actual costs were in line with estimated costs for 205 and 206. In 207, actual costs exceeded estimated costs by $145,800 Total construction costs incurred in each year were as follows: Bilings (and cash collections) each year were as follows: Required: 1. Calculate the revenues and gross profit for the construction project for each of the three years assuming the company uses inputs to measure progress. (Round intermediate calculations to 2 decimal places. Round final answers to nearest whole dollars.) 2. Prepare the journal entries for revenue recognition for each year and for contract completion in 207. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations to 2 decimal places.) Journal entry worksheet IVULE. CIILEI UEUILS vEIUIE LI EuILs. 3. Prepare the journal entries for revenue recognition for each year and for contract completion in 207, if the customer did not take control of the asset until the building was fully constructed and title transferred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations to 2 decimal places.) Journal entry worksheet Note: Enter debits before credits