a. Using the percentage-of-completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. Round the percentage complete to the nearest whole percentage point. b. Prepare the journal entries for 2023 and 2024 . c. What is the balance in the Contract Asset/Liability account at December 31, 2023 and 2024? d. Show how the construction contract would be reported on the statement of financial position and the income statement for the year ended December 31 , 2024 . e. Using the zero-profit method, repeat part (a). f. Using the zero-profit method, repeat part (b). g. Using the zero-profit method, repeat part (c). h. Using the zero-profit method, repeat part (d). i. Prepare a table comparing the gross profit recognized in each of the three years under (1) the percentage-of-completion method, (2) the zero-profit method, and (3) the completed-contract method