Howard Construction Co. contracted to build a bridge for $3,000,000. Construction began in 2012 and was completed in 2013. Data relating to the construction are: 2012 2013 Costs incurred $990,000 $825,000 Estimated costs to complete 810,000 Howard uses the percentage-of-completion method. Instructions: (a) How much revenue should be reported for 2012? (b) Make the entry to record progress billings of $1,000,000 during 2012. (c) Make the entry to record the revenue and gross profit for 2012. (d) How much gross profit should be reported for 2013? (e) Show the Balance Sheet Presentation for 2012