19. (4 points) Hunahru, Inc. began work on a $8,000,000 contract in 2017 to construct an office building. During 2017, Hunahry, Inc. incurred costs of $2,120,000, billed its customers for $1,980,000, and collected $1,351,000. At December 31, 2017, the estimated additional costs to complete the project total $2,880,000. Prepare Hunahru's 2017 journal entries using the percentage-of-completion method. To record costs incurred: Accounts Debits Credits To record billings: Accounts Debits Credits To record collections: Accounts Debits Credits To record revenue, expenses, and gross profit: Accounts Debits Credits