Trenton Construction Company has contracted to build an office building. The construction is scheduled to begin on January 1, 2022, and the estimated time of completion is July 1, 2025. The building cost is estimated to be $20,000,000 and will be billed at $24000,000. The following data relate to the construction period. 2022 2023 2024 2025 Cost to date $5,500,000 $10,000,000 $13,500,000 $20,000,000 Estimated cost to complete. 14,500,000 10,000,000 6,500,000 -0- Progress billings to date. 3,000,000 9,000,000 14,000,000. 24,000,000 Cash collected to date 3,000,000 7,500,000 12,500,000. 24,000,000 Instructions: (a) Compute the estimated gross profit for 2022, 2023, 2024, and 2025 assuming that the percentage-of-completion method is used.( Prepare a schedule using cell-formula) (b) Prepare the necessary journal entries for Trenton Construction Company for the years 2024 and 2025 under percentage-of- completion method. (c) Prepare the necessary journal entries for Trenton Construction Company for the years 2024 and 2025 under completed contract method.