21. At the beginning of 2009, Florida Road Construction entered into a contract to build a road for the government. Construction will take four years. The following information as of 31 December 2009 is available for the contract: Total revenue according to contract $10,000,000 Total expected cost $8,000,000 Cost incurred during 2009$1,200,000 Assume that the company estimates percentage complete based on costs incurred as a percentage of total estimated costs. Under the completed contract method, how much revenue will be reported in 2009 ? 22. During 2009, Argo Company sold 10 acres of prime commercial zoned land to a builder for $ 5,000,000. The builder gave Argo a $1,000,000 down payment and will pay the remaining balance of $4,000,000 to Argo in 2010. Argo purchased the land in 2002 for $2,000,000. Using the installment method, how much profit will Argo report for 2009 ? 23. During 2009, Accent Toys, which began business in October of that year, purchased 10,000 units of a toy at a cost of $10 per unit in October. The toy sold well in October. In anticipation of heavy December sales, Accent pur-chased 5,000 additional units in November at a cost of $11 per unit. During 2009, Accent sold 12,000 units at a price of $15 per unit. Under the first in, first out (FIFO) method, what is Accent's cost of goods sold for 2009 ? 24. Using the same information as in the previous question, what would Accent's cost of goods so be under the weighted average cost method