5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years, assuming the following ca incurred and costs to complete information. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amount should be indicated with a minus sign. Costs incurred during the year Estimated costs to complete as of year-end Revenue Gross profit (loss) Answer is complete but not entirely correct. $ $ 2024 2,800,000 784,000 S 2025 2024 $ 2,016,000 5,184,000 2,998,154 $ (891,846) 2026 4,201,846 31,846 2025 $ 3,890,000 4,280,000 2026 $ 4,170,000 0

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years, assuming the following costs incurred and costs to complete information. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign