Acus Construction Company has a contract to construct a $160,000 shopping mall at an estimated cost of $125.000. The contract is to start in 2018, and the shopping mall is to be completed in 2020. The following data pertain to the construction period. 2020 $ 25,000 125,000 Yearly Cost Cost to Date (cumulative) Estimated Cost to Complete Progress Billing During The Year Cash Collected During The Year 2018 $ 37,500 37,500 87,500 54,000 35,200 2019 $ 62,500 100,000 25,000 76,000 85,800 30,000 37.600 Required: a) Prepare partially Income Statements for the year 2018, 2019, and 2020 by using Completed Contract Method. Prepare partially Income Statements for the year 2018, 2019, and 2020 by using Percentage of Completion Method. Show your calculations