Current Attempt in Progress Ivarhoe Enterprives Ltd. tas entered into a contract beginning in February 2020 to build two warehouses for Atlantis Structures Ltd. mue contract is a non-canceliable fixed price contract for 510.5 million. The following data pertain to the construction period (all Calculate the construction costs to be expensed in 2021 . Construction costs Prepare the journal entry at December 31, 2021, to record long-term contract revenues, expenses, and losses for 2021. OCredit preasint titles are automatically indented when the amount is entered. Do not indent manually if no entry is required, select "No Entry" for Show how the construction contract would be reported on the SFP and the income statement for the year ended Decenber 31. Show how the construction contract would be reported on the SFP and the income statement foc the year ended Decetiber 3 : Assume that Ivanhoe uses the zero-protit or completed-contract method. What woun in - December 31, 2021? (Credit account titles are automatically indented when the amount as entered. Do not indent inanualy, If no entry is required, select "No Entry" for the occount tites and enter O for the amounts) Assume that Ivanhoe uses the zero-profit or completed-contract method. What would be the journal entry recorded on December 31, 2021? (Credit account titles are outomatically indented when the amount is entered. Do not indent marually If no entry is r