Hamilton construction company uses the percentage of completion method of accounting. in 2014, Hamilton began work under contract #E2-D2, which provided for a contract price of $2,200,000 other details 2014 then 2015 costs incurred during the year $640,00 then $1,425,000 estimated costs to complete, as of DEC 31 $960,000 the 0 billing during the year $420,000 then $1,680,000 collections during the year $350,00 then $1,500,000 A) What portion of the total contract price would be recognized as revenue in 2014 and 2015? B) assuming the same facts as those above expect that hamilton uses the completed contract method what portion of the total contract price would be recognized as revenue 2015? c) prepare a complete set of journal entries for 2014 using the percentage of completion method