C1) Lifestyle Construction inc. has a non-cancellable contract to construct a $24,000,000 seventeen storey condominium at an estimated cost to complete of $20,500,000. The contract is to start on February 1,2021 and finish in September 2022. The following data pertains to the construction data: 1) Mequirea: Prepare the percentage of completion table for 2021 and 2022 using the cost-to-cost basis to calculate cumulative estimated percentage-of-completion and cumulative revenue to date. ( 6 Marks) 2) Required: Based on the data given above, and your answer for Part 1) prepare the 5 journal entries Lifestyle Construction Inc. would make in 2021 and 2022 in millions of dollars to record the i) costs of construction, ii) progress billings, iii) collections and iv) revenues and iv) costs. (10 Marks)