Exercise 18-33 (Algorithmic) (LO. 5) Jebali Corporation, a calendar year taxpayer utilizing the completed contract method of accounting, constructed a building for Samson, Inc., under a long-term contract. The gross contract price was $6,295,000. Jebali finished construction in 2022 at a cost of $5,665,500. However, Samson insisted that Jebali redo the doorway; otherwise, the contract price would be reduced. The estimated cost of redoing the doorway is $85,900. In 2023, the dispute is settled and Jebali fixed the doorway at a cost of $68,720. a. How much must Jebali include in gross income for these items? What amount of deductions is Jebali allowed for 2022? Jebali must include $ 6,209,100 in gross income and is allowed deductions of $ 5,665,500 for 2022. b. In 2023, how much must Jebali include in gross income? What expenses can Jebali deduct in that year? In 2023, Jebali must include 474,880 X gross income and may deduct $ as expenses in that year.