Frank \& Dogg Construction Corporation obtained a $12,500,000 contract during 2019. The following data pertains to the construction period: Frank \& Dogg uses the percentage of completion method. Costs incurred relative to the total project costs are used to measure the percentage of completion at the end of the year. Required: a) For the years 2019,2020 and 2021 calculate the following: - Revenue realized - Costs realized - Profit or loss realized b) How will the project be presented in 2019 on Frank \& Dogg's Statement of Financial Position (asset or liability and for what amount)