PART B (15 Points) Label all work and show I un Penner Builders contracted to build a high-rise for $35,000,000. Construction began in 2021 and is expected to be completed in 2023. Data for 2021 and 2022 are: 2021 2022 Costs incurred to date $4,500,000 $13,000,000 Estimated costs to complete 18,000,000 12,000,000 Penner uses the percentage-of-completion method. Instructions (a) How much gross profit should be reported for 2021? (b) How much gross profit should be reported for 2022? (c) Make the journal entry to record the revenue and gross profit for 2022