#6 please answer all parts (fill in all boxes). please read the questionumbers carefully! similar questions may already be posted to Chegg but they have slightly different numbers. i will give upvote/thumbs up for correct answer! thank you for your help!

*if you give me an email and ask for money I will report you*

Cullumber Construction Company has entered into a contract beginning January 1,2025 , to build a parking complex. It has been estimated that the complex will cost $599,000 and will take 3 years to construct. The complex will be billed to the purchasing company $905,000. The following data pertain to the construction period. Using the percentage-of-completion method, compute the estimated gross profit that would be recognized during each year of the construction period. (If answer is 0 , please enter 0 . Do not leave any fields blank.) Gross profit recognized in 2025 $ Gross profit recognized in 2026 $ Gross profit recognized in 2027 $ Using the cost-recovery method, compute the estimated gross profit that would be recognized during each year of the construction period. (If answer is 0 , please enter 0 . Do not leave any fields blank.) Gross profit recognized in 2025$ Gross profit recognized in 2026$ Gross profit recognized in 2027$