BIG Construction (BC) is building a bridge for $40 million at a total cost of $34 million over the next three years. The company uses percentage of completion method to recognize revenue. Below is a summary of the contract: 2022 2023 2024 Costs to date $6,000,000 $26,000,000 $34,500,000 Estimated costs to complete $28,000,000 $8,500,000 -0- Progress billings during the year $8,000,000 $22,000,000 $10,000,000 $6,250,000 $22,250,000 $11,500,000 Cash collected during the year Prepare the journal entries for 2022, 2023 and 2024 including construction in process and billing in process, construction revenue and construction expese