Dixon Construction Company was awarded a contract to construct an interchange at the junction of U. S. 94 and Highway 30 at a total contract price of $11,800,000. The estimated total costs to complete the project were $8,800,000. a. Make the entry to record construction costs of $5,104,000, on construction in process to date. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit b. Make the entry to record progress billings of $2,980,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Creditc. Make the entry to recognize the profit that can be recognized to date, on a percentage-of-completion basis. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit\