Turner, Inc. began work on a $7,210,000 contract in 2014 to construct an office building. During 2014, Turner, Inc. incurred costs of $1,751,000, billed its customers for $1,236,000, and collected $988,800. At December 31, 2014, the estimated future costs to complete the project total $3,399,000. Prepare Turners 2014 journal entries using the percentage-of-completion method