3eavis Construction Company was the low bidder on a construction sroject to build an earthen dam for $1,720,000. The project was begun in 2023 and completed in 2024. Cost and other data are presented below: Assume that Beavis recognizes revenue on this contract over time according to percentage of completion. Required: repare all journal entries to record costs, billings, collections, and profit ecognition. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 6789 Record the entry for costs incurred during the year 2023. Note: Enter debits before credits