Note Five questions are related to the following same information Note2 FINAL ANSWER of Al Rageb Construction has a contract to construct a $5,000,000 school at an estimated cost of $4,000,000. The contract is to start in August 2020, and is expected to be completed in November 2022. The following data pertain to the construction porlod. 2020 2021 2022 Costs per year (Not Accumulated) S 880,000 S 2130,000 S 1.290.000 Estimated cost to completo 3.120,000 1290.000 Required 1 Percent complete at end of year 2021 is.... 24 Revenues from long term contracts for yoar 2022 is S 13 Gross Profit for year 2022 is: S Construction in progress balance as of 314122021isu. Record eritrios for the your 2022. 4