Consider the below case and answer the following questions based on the specified accounting methods (cash, accrual, percentage compete, and completed contract). - Contract volume of $5,500,000 - Included in the contract value is a 4.0% fee - $1,500,000 was invoiced and received as of 11/30/22 - All invoice values include a proportional share of fee - An additional $500,000 is invoiced by GC as of 12/31/22 due 1/10/2023 - $1,250,000 has been paid by the GC in labor, material and subcontractor expenses through 12/15/22 - $350,000 was invoiced by subcontractors and suppliers for month-ending 12/31/22, payable 10 days after receipt of payment from the client. That is factored into this month's $500,000 pay request