please need it asap and in the correct format thank you

Buildit Corp. was contracted to construct a bullding for $2,080,000. The contract provided for progress payments. Bulldit's accounting year ends 31 December. Work began under the contract on 1 March 203, and was completed on 30 November 205. Constructlon actlvitles are summarized below by year. Required: 1. Prepare Bulldit's Journal entrles to record these events. Assume that percentage of completion is measured by the ratio of costs Incurred to date divided by total estimated construction costs. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Enter answer in thousands, not in million or in whole Canadian dollars.) 1 Record the construction costs incurred during the year. 2 Record the amount receivable from progress billings made during the year. 3 Record the cash collected for the portion of work completed during the year. 4 Record the revenue from the contract during the year. 5 Record the cost incurred during the year. 6. Record the amount receivable from progress billings made during the year. Note : = journal entry has been entered 7 Record the cash collected during the year. \& Record the revenue to be recognized during the year. 9 Record the cost incurred during the year. 10 Record the amount receivable from progress billings made during the year. 11 Record the cash collected during the year. 12 Record the revenue to be recognized during the year. 13 Record the balance amount billed on the contract. 2. Provide the balances that would appear on the income statement and balance sheet for this contract for each year. (Negatlve amounts should be indicated by a minus sign.)