3. How could management of RCL manipulate the accounting for this construction contract in order to achieve its motivation of maximizing net income (e.g. to earn a bigger bonus) in the earlier years? 4. Return to the original given information. Assume that for 2018 the "estimated remaining costs to complete" is $410,000 instead of the original $190,000. (a) Prepare the journal entries for 2018 using the percentage-ofcompletion method. (b) Complete the following table for RCL for 2018 only: Percentage of Completed Corn letion Contract Revenue Income (Loss) before income taxes