Compute the amount of revenue and gross profit or loss to be recognized in $2021,2022,$ and $2023$ using the percentage of completion

method. $($Do not round intermediate calculations. Loss amounts should be indicated with a minus sign. Round your final answers to the

nearest whole dollar.$)$On February $1,2021,$ Arrow Construction Company entered into a three$-$year construction contract to build a bridge for a price of $$8,150,000.$ During $2021,$ costs of $$2,050,000$ were incurred with estimated costs of $$4,050,000$ yet to be incurred. Billings of $$2,550,000$ were sent, and cash collected was $$2,300,000.$

In $2022,$ costs incurred were $$2,550,000$ with remaining costs estimated to be $$3,675,000.2022$ billings were $$2,800,000$ and $$2,525,000$ cash was collected. The project was completed in $2023$ after additional costs of $$3,850,000$ were incurred. The company$$s fiscal year$-$end is December $31.$ Arrow recognizes revenue over time according to percentage of completion.

Required:

$1.$ Compute the amount of revenue and gross profit or loss to be recognized in $2021,2022,$ and $2023$ using the percentage of completion method.

I have already started it but I am stuck.