In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows:

2021 2022 2023

Cost incurred during the year $2,581,000 $2,347,000 $3,049,200

Estimated costs to complete 6,319,000 2,772,000 0

as of year-end

Billings during the year 2,090,000 2,838,000 5,072,000

Cash collections during the year 1,845,000 2,900,000 5,255,000

Westgate recognizes revenue over time according to percentage of completion.

, List the necessary journal entries for the year 2021 (credit "Various accounts" for construction costs incurred).

2-b.List a journal below, using the necessary journal entries for the year 2022 (credit "Various accounts" for construction costs incurred).

2-c.Show a journal below, Using the necessary journal entries for the year 2023 (credit "Various accounts" for construction costs incurred).

Date General Journal Debit Credit