5. (4 points) Hunahpu, Inc. began work on a $8,000,000 contract in 2017 to construct an office building. During 2017, Hunahpu, 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 Hunahpu's 2017 joumal entries using the percentage-of-completion method. To record costs incurred: To record billings: To record collections: To record revenue