In January 2019, Cyan Construction Corp. contracted to construct a building for $6,000,000. Construction started in early 2019 and was completed in 2020. The following additional information is available: 2019 2020 Costs incurred ......... ......$ 2,430,000 $ 2,700,000 Estimated costs to complete. 2,600,000 Collections during the year... 2,400,000 3,600,000 Cyan uses the percentage-of-completion method. Required: Under the contract-based approach, i) How much revenue should Cyan report for 2019 and 2020? Show all Calculations. A ii) Prepare all journal entries for 2019 and 2020 for this contract