On January 1, 2009, Tribe Construction Company Inc. contracted to build an office building for Moser Corp. for a total contract price of $2,500,000. On December 31, 2012, the building was completed. Following are accumulated contract costs incurred estimated costs to complete the contract, and accumulated billings to Moser for 2009, 2010, and 2011, and 2012 At 12/31/09 At 12/31/10 At 12/31/1'1 At 12/31/12 Contract costs incurred to date Estimated costs to complete the contract Billings to Moser to date Collections to date $250,000 1,750,000 325,000 200,000 $1,200,000 1,200,000 2,000,000 1,800,000 $1,750,000 750,000 2,300,000 2,000,000 $2,650,000 2,500,000 2,500,000 Complete the following information regarding the amount of profitloss Tribe will recognize each year of the contract: At 12/31/09 At 12/31/10 At 12/31/11 At 12/31/12 Percent Complete Method Completed Contract Method