Hillcrest Development Limited commenced construction of a 5 storey office building in Cambridge Road on 1^st May 2006. The company signed a fixed contract for $2.5 million and the project was completed by 30^th April 2008. The company was able to make reliable estimates on the percentage of completion and the estimated cost of completion. The financial details of the project for each of the years ending 30^th April are as follows:

	2006	2007	2008
Costs incurred to date (cumulative cost)	700,000	1,600,000	2,540,000
Estimated costs to complete	1,300,000	400,000	-
Progress billings during the year	600,000	1,200,000	700,000
Cash collected during the year	550,000	1,000,000	950,000

Required;

Prepare a schedule showing the percentage of completion, revenue, construction expenses and gross profit for each of the years ending 30/4/2006, 30/4/2007, and 30/4/2008.