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8 2,400,000 $3,600,000 $2,200,000 2,000,000 4,000,000 4,000.000 ,800,000 3,600,000,600,000 Part 4 ofs Westgate recognizes revenue over time according to percentage of completion. 10 polnts 4.
8 2,400,000 $3,600,000 $2,200,000 2,000,000 4,000,000 4,000.000 ,800,000 3,600,000,600,000 Part 4 ofs Westgate recognizes revenue over time according to percentage of completion. 10 polnts 4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assum incurred and costs to complete information. (Do not round intermediate calculations and round your final whole dollar amount. Loss amounts should be indicated with a minus sign.) Cost incurred during the year Estimated costs to complete as of year-end5,600,000 $2,400,000 3,800,000 $3,200,000 3,100,000 2019 3,000,000 6,019417S 10,000,000 600,000(180,583) S 100,000 2018 Gross profit loss) raw 10
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