Probies IlI Milan, lnc. began work in 2016 on a contract for $22,000.000 Oher data are as folows 20162017 9,000,000 $14,000,000 Costs incured to date 6,000,000 Estimated costs to complete 000,000 22.000.000 Billings to da Fll in the correet amounts on the following schedule. For percentage-of completion accounting and for completed-contract accounting, show the gross pvorit that should be recorded for 2016, and 2017 a Gross Prodit hon Completsd-Contract Gross Profit 2016 2017 2016 2017 2. Prepared all the necessary journal entries for 2016 and 2017 for the percentage-of- completion accounting and for completed-contract accounting