Problem 6-9 Blossom Construction Company has entered into a non-cancellable contract beginning January 1, 2017, to build a parking complex. It has been estimated that the complex will cost $444,000 and will take three years to construct. The complex will be billed to the purchasing company at $666,000. The following data pertain to the construction period. 2017 2018 2019 Costs to date $199,800 $333,000 $451,400 Estimated costs to complete 244,200 111,000 0 Progress billings to date (non-refundable) 199,800 407,000 666,000 Cash collected to date 177,600 370,000 666,000 Using the percentage-of-completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Do not leave any answer field blank. Enter 0 for amounts.) 2017 2018 2019 Gross profit recognized $ $ $ SHOW LIST OF ACCOUNTS Using the completed-contract method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Do not leave any answer field blank. Enter 0 for amounts.) 2017 2018 2019 Gross profit recognized $ $ $