On January 1, 2022, Winter Harvest Ltd. started a construction project for $4,500,000. Relevant data for 2022 and 2023 are as follows: 2022 2023 Current year construction costs $ 3,300,000 $ 620,000 Estimated remaining costs to complete 600,000 -0- Current year billings 3,100,000 1,400,000 Current year collections 3,000,000 1,500,000 Required 1. Calculate the following amounts for each method: Completed Contract Percentage of Completion 2022 2023 2022 2023 $ ? $ ? $ ? $? Gross Profit $ ? $ ? $? $ ? Construction in progress year-end balance. $ ? $ ? $ ? Costs in excess of billings $? (Billings in excess of costs)