Swifty Construction Company began work on a $416,400 construction contract in 2017. During 2017, Swifty incurred costs of $277,100, billed its customer for $215,200, and collected $173,900. At December 31, 2017, the estimated additional costs to complete the project total $161,000. Prepare Swiftys journal entry to record profit or loss, if any, using (a) the percentage-of-completion method and (b) the completed-contract method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)