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Brady Construction Company contracted to build an apartment complex for a price of $6,300,000. Construction began in 2021 and was completed in 2023. The following

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Brady Construction Company contracted to build an apartment complex for a price of $6,300,000. Construction began in 2021 and was completed in 2023. 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. Costs Incurred During Situation 2021 1,630 1,630 1,638 630 630 630 2022 2,520 1.290 2,520 3,130 3.130 3,130 2023 1,290 2.920 2,648 1,260 2,210 3,100 Estimated costs to Complete (As of the End of the Year) 2021 2022 3,810 1,290 3.810 2.920 3,810 2,540 4,410 940 4.410 2.540 5,655 2,870 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) Situation 5 Gross Profit (Loss) Recognize Revenue Recognized Over Time Revenue Recognized Upon Completion 2021 2022 2023 2021 2022 2023 257 684 5 656.065 257 5847 257 B 157 500 157.500 185.000

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