Beavis Construction Company was the low bidder on a construction project to build an earthen dam for $1,810,000. The project was begun in 2017 and completed in 2018 Cost and other data are presented below Costs incurred during the year Estimated costs to complete Billings during the year Cash collections during the year $ 447,e0e $1,119,889 1,043,eee 405,860 1,485,899 3e5,e00 1,se5,866 Assume that Beavis recognizes revenue upon completion of the project Required Compute the amount of gross profit recognized during 2017 and 2018. (Leave no cells blank be certein to enter "O" whereve required.) Gross Prolit 2017 2018 ctp K Prex u",15 Next > or 15 rch