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Beck Construction Company began work on a new building project on January 1,2023. The projoct is to be completed by December 31,2025 , for a

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Beck Construction Company began work on a new building project on January 1,2023. The projoct is to be completed by December 31,2025 , for a fixed price of $140 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: Required: What amount of gross profit (or loss) would Beck record on this project in each year, assuming that Beck recognizes revenue for this roject upon completion of the project? lote: Enter "None" if there is no requirement of recognizing profit or loss. Loss amounts should be indicated with a minus stgn. nter your answers in millions (i.e., 10,000,000 should be entered as 10)

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