Brady Construction Company contracted to build an apartment complex for a price of $5,900,000. Construction began in 2018 and was completed in 2020. The following is a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars.

Estimated Costs to Complete (As of the End of the Year 2019 Costs Incurred During Year Situation 2018 2020 1,170 1,170 2,760 1,590 2,400 2,320 1,180 2019 2018 2020 3,570 1,590 2,400 1,590 1,170 3,570 2,760 3,570 2,220 4,130 3 4 590 3,090 920 590 3,090 1,930 3,090 2,700 4,130 2,220 2,510 5,500 6 590 Required: Complete the following table. (Do not round intermediate calculations. Enter answers in dollars. Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign.) Required: Complete the following table. (Do not round intermediate calculations. Enter answers in dollars. Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign.) Answer is complete but not entirely correct Gross Profit (Loss) Recognized Revenue Recognized Upon Completion Revenue Recognized Over Time 2018 2019 2020 2018 2019 2020 Situation $ 228 023 $ 344,186 $167,791 0 0 $740,000 1 113,130x 71,433( 0 380,000 2 228,023 228,023 (119,807) x(518,216)x 147,500 0 X 3 (410,000) 19,239 X 0 0 1,040,000 4 873,261 0X 0 142,500 0 290,000 147,500 (144,766) (316,827)x 0X 0 X (480,000)x 6 (18.407)