0 Required information Problem 6-10 (Algo) Long-term contract; revenue recognition over time (LO6-8, 6-9) [The following information applies to the questions displayed below] In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows 2923 $2,849,000 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2021 2022 52,672,000 $2,738,000 5,328,000 2,590,000 2,160,000 2,650,000 1,880,000 2,700,000 5,190,000 5,420,000 Westgate recognizes revenue over time according to percentage of completion Problem 6-10 (Algo) Part 1 Darurat . 3 type here to search o e EP