Killian Construction Company is engaged in a road construction contract to build a highway over a three-year period. Killian will receive $10,100,000 for building five miles of highway. Killian estimates that it will incur $9,000,000 of costs before the contract is completed. As of the end of the first year Killian incurred $3,150,000 of costs allocated to the contract. Read the requirements. Requirement a. How much income from the contract must Killian report during the first year? (Do not round interim calculations. Only round the amount you input in the cell to the nearest dollar. Enter a loss with a minus sign or parentheses.) Requirements a. How much income from the contract must Killian report during the first year? b. Assume Killian incurs an additional $3,600,000 of costs during the second year. How much income is reported during that year? c. Assume that Killian incurs an additional $2,750,000 of costs in the third and final year of the contract. How much does Killian report during the third year? d. Will Killian receive or pay look-back interest? Explain