Andre Agassi Construction Company began operations Jan 1, 2008. During the year, Andre Agassi Construction entered into a contract with Lindsey Davenport Corp to construct a manufacturing facility. At that time, Agassi estimated that it would take 5 years to complete the facility at a total cost of $4,500,000. The total contract price for construction of the facility is $6,300,000. During the year, Agassi incurred $1,1185,800 in construction costs related to the construction project. The estimated cost to complete the contract is $4,204,200. Lindsey Davenport Corp. was billed and paid 30% of the contract price. Directions: A- Complete-contract method B- Percentage-of-completion method Accounting.