MakaGood Construction Corp.

please show work or formulas. thanks

B D E F G H MakaGood Contruction Corp. MakaGood Construction Corp. agreed to construct the new Texas Stadium for $ 1,200,000 K. Originally construction costs were expected to be $ 925,000 K and the project was expected to take four years. The results for the construction project are as follows: 2016 2017 Actual costs incurred Anticipated cost to complete Current year billings Current year collections Actual costs incurred Anticipated cost to complete Current year billings Current year collections Actual costs incurred Anticipated cost to complete Current year billings Current year collections Actual costs incurred Anticipated cost to complete Current year billings Current year collections 120,250 804,750 300,000 285,000 386,750 468,000 300,000 290,000 333,000 210,000 300,000 310,000 250,000 2018 2019 300,000 310,000 Required a Calculate the amount of revenue recognized and pre-tax profit for the years 2016 thru 2019. Present the journal entries for 2019 b