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show work Shanahan Construction Company has entered into a contract beginning January 1,2025 , to build a parking complex. It is estimated that the complex

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Shanahan Construction Company has entered into a contract beginning January 1,2025 , to build a parking complex. It is estimated that the complex will take 3 years to construct. Additional information follows. The following data pertain to the construction period. Instructions a. Using the percentage-of-completion method, compute the estimated gross profit to be recognized during each year of the construction period. b. Using the completed-contract method, compute the estimated gross profit that would be recognized during each year of the construction period

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