Part Three: Problem Pinetree Builders has the following data for its Rolling Hills Construction Project. The contract price of the project is S18,000,000. completion method. of 2016 2017 Costs incurred to date $10,500,000 2.625,000 8.400,000 6,000,000 $15,500,000 Estimated costs to complete 10.500,000 6.600,000 Billings during the year Cash collections during the year Estimated total costs Estimated total profit Percentage of Completion Revenue Recognized in each year Profit recognized in each year Current Asset Current Liabilities 3,000,000 6,000,000 Required 1. Enter the appropriate amounts in the shaded cells above. Prepare the required ournal entries for 2016, 2017 and 2018. Ornit explanations. Date Accounts Title and Explanation Ref. Debit cotCredit