A company was to have construct a road for a company for $10,000,000.

2021 2022 2023

cost incurred during the year: $ 2,059,000 $ 2,627,000 $ 2,655,400

Estimated costs to end of year-end $ 5,041,000 $ 2,414,000 $ 0

Billings during the year $ 2,190,000 $2,496,000 $5,314,000

Cash Collections during the year $1,895,000 $ 2,400,000 $ 5,705,000

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2021 2022 2023

Costs incurred during the year: $ 2,059,000 $ 3,895,000 $ 4,185,000

Gross Profit (loss) 5,041,000 4,290,000 0

2021 2022 2023

Help me to understand the Revenue:

Gross profit (loss):

Thank you!