5. Mikell Builders contracted to build a high-rise for $12,000,000. Construction began in 2018 and is expected to be completed in 2020. Data for 2018 and 2019 are: 2018 2019 Costs incurred to date Estimated costs to complete 4,300,000 6,000,000 7,000,000 4,000,000 Mikell uses the percentage-of-completion method. Required: a. Compute the amount of gross profit (loss) that Mikell must report for 2018. b. Compute the amount of gross profit (loss) that Mikell must report for 2019. c. Assume instead that Mikell uses the completed contract method. Compute the amount of gross profit (loss) that Mikell must report for each the two years, 2018 and 2019