On February 1, 2017, Marsh Contractors agreed to construct a building at a contract price of $17,400. Marsh estimated total construction costs would be $12,000 and the project would be finished in 2019. Information relating to the costs and billings for this contract is as follows:

	2017	2018	2019
Total costs incurred to date	$4,500	$7,920	$13,800
Estimated costs to complete	7,500	5,280	-0-
Customer billings to date	6,600	12,000	16,800
Collections to date	6,000	10,500	16,500

Assuming Marsh uses the percentage of completion methiod, please indicate what should be recorded for the following in 2018:

Expenses: