Marigold Construction Company uses the percentage-of-completion method of accounting. In 2017, Marigold began work under contract *E2-D2, which provided for a contract price of $2, 107,000. Other details follow: What portion of the total contract price would be recognized as revenue in 2017? In 2018? Assuming the same facts as those above except that Marigold uses the completed contract method of accounting, what portion of the total contract price would be recognized as revenue in 2018? Prepare a complete set of journal entries for 2017 (using the percentage-of-completion method). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. For costs Incurred use account Materials, Cash, Payables.)