The contract provides that ABC will make payments on 30 June of each year as follows: the construction contract. (a) Calculate the income recognised each year. (b) Provide the journal entries for each year, assuming extent of completion on the construction contract cannot be reliably estimated. (c) Provide the journal entries for each year, assuming that the extent of completion on the construction contract can be reliably estimated. LO 15.10 , 15.13