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Exercise 623 (Algo) Income (loss) recognition; Long-term contract; revenue recognition over time vs. upon project completion [LO6-9] Brady Construction Company contracted to build an apartment

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Exercise 623 (Algo) Income (loss) recognition; Long-term contract; revenue recognition over time vs. upon project completion [LO6-9] Brady Construction Company contracted to build an apartment complex for a price of $6,000,000. 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. Required: Complete the following table. (Do not round intermediate calculations. Enter answers in dollars. Round your final onswers to the neorest whole dollar. Negative amounts should be indicated by a minus sign.)

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