Beck Construction Company began work on a new building project on January 1, 2020. The project is to be completed by December 31, 2022, for a fixed price of $108 million. The following are the actual costs incurred and estimates of remaining costs to complete the project that were made by Beck's accounting staff: Years 2020 2021 2022 Actual costs incurred in each year $30million $45million $35million Estimated remaining costs to complete the project (measured at Dec. 31 of each year) $60million $45million $ 0 Required: What amount of gross profit (or loss) would Beck record on this project in each year, assuming that Beck recognizes revenue for this project over time according to percentage of completion? (Loss amounts should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Years 2020 Gross Profit (or Loss) recognized Gross profit $ 6 million Gross loss (14) million Gross profit $ 6 million 2021 2022