Question 4 Wildhorse Construction Company has entered into a non-cancellable contract beginning January 1, 2020, to build a parking complex. It has been estimated that the complex will cost $605,000 and will take three years to construct. The complex will be billed to the purchasing company at $920,000. The following data pertain to the construction period. 2020 2021 2022 Costs to date $272,250 $453.750 $615,000 Estimated costs to complete 332,750 151.250 0 Progress billings to date (non-refundable) 272.250 555.000 920,000 Cash collected to date 242,250 505.000 920,000 Using the percentage of completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Enter negative amounts using a ther a negative sian preceding the number -15 or parentheses (19 2020 2021 2022 Grow profit/closss SHOW INTO ACCOUNTS Using the completed contract method, calculate the estimated gross profit that would be recognized during each year of the construction period. (nowane Water for amounts Enter negative amounts other negative in the number or the 2020 2021 2023 Gross profitions) Using the percentage of completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Enterative amounts tising either a negative sign preceding the number 45 or revitheses e.o. (457) 2020 2021 2022 Gross profit/ (los) $ WLINOE 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 blank Enter for amounts. Enter negative amounts using the gative since the number 15 or parentheses ..145) 2020 2021 2022 Grossrolit / (los)