Allen Construction was awarded a contract to build a new office tower on January 1, 2014. At the time, Allen's best estimate of total costs to construct the building was $17 million. The total revenues on the project were $20 million. The following information details events related to the contract over 2014, 2015, and 2016: Fiscal Year Ended Annual Costs Estimated Costs to Annual Annual Cash Incurred Complete Billings Received During Year December 31, 2014 3,600,000 14,400,000 3,000,000 2,800,000 December 31, 2015 9,600,000 8.800,000 8,000,000 8,100,000 December 31, 2016 7,800,000 9,000,000 9.100.000 a) Assuming that Allen Construction uses the percentage of completion method to account for long-term contracts, complete the schedule of gross profits every year. b) Assuming that Allen Construction uses the completed contract approach to account for long- term contracts, complete the schedule of gross profits every year