Problem 4: Strong Construction Company was contracted on July 1, 2018 to construct a medium rise condominium for a contract price of P30M. The building is expected to be completed in 3 years. Financial information from the records of Strong Construction Company for 2018, 2019 and 2020 are given below: 2018 2019 2020 Contract costs incurred Est. costs to complete Billings during the year 7,800,000 18,200,000 8,500,000 17,200,000 6,250,000 15,000,000 6,400,000 0 6,500,000 Requirement: Determine the amount to be reported as contract revenue, contract costs and profit for 2018, 2019 and 2020. Show all computations in good form