On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of $3,000,000. Marcos estimated total construction costs would be $2,000,000 and the project would be finished in 2012. Information relating to the costs and billings for this contract is as follows: ? 2010?? 2011?? 2012? Total costs incurred to date?$ 750,000?$1,320,000?$2,300,000 Estimated costs to complete?1,250,000? 880,000?-0- Customer billings to date?1,100,000? 2,000,000?3,000,000 Collections to date?1,000,000? 1,750,000?2,950,000

1: Prepare all entries for 2010, 2011, and 2012 for Marco.