3. Answer the following questions about the Florida Construction Company and the Qatar Tunnel Company:

a. Does Mr. East agree that at the end of 2016, his company made a higher profit from the project than the Florida Construction Company had earned from the project? Evidence must be provided to support your position. B. Does Mr. West agree that his company has increased its total assets from the project at the end of 2016 compared to the method used by Qatar Tunnel Company (please focus only on construction work in progress, invoices on construction contract and receivables)? Evidence must be provided to support your position.

Note : please give me a right answer , and not copy paste any wrong answer.

v. The following information pertains to Florida Construction Company and Qatar Tunnel Company: Costs incurred Estimated costs up to during the year the end of the year Invoices during the Cash receipts during the year year 2014 62,500 520,000 337,500 287,500 2015 60,000 470,000 156,250 187,500 2016 96,250 425,000 212,500 212,500 2017 38,750 318,000 141,875 137,500 2018 50,000 209,000 151,875 175,000 2019 399,063 123,000 187,734 165,625 2020 44,063 78,000 97,109 115,625 2021 62,188 45,000 125,234 128,125 2022 29,688 0 89,922 90,625 v. The following information pertains to Florida Construction Company and Qatar Tunnel Company: Costs incurred Estimated costs up to during the year the end of the year Invoices during the Cash receipts during the year year 2014 62,500 520,000 337,500 287,500 2015 60,000 470,000 156,250 187,500 2016 96,250 425,000 212,500 212,500 2017 38,750 318,000 141,875 137,500 2018 50,000 209,000 151,875 175,000 2019 399,063 123,000 187,734 165,625 2020 44,063 78,000 97,109 115,625 2021 62,188 45,000 125,234 128,125 2022 29,688 0 89,922 90,625