File Edit View History Bookmarks Window Help Saved Help Save & Exit Submit Beck Construction Company began work on a new building project on January 1, 2017. The project is to be completed by December 31, 2019, for a fixed price of $171 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 Estimated remaining costs to compl project (measured at Dec. 31 of ea tual costs incurred in each year Years 2017 2018 2019 $47million $79million $52million $94million $79million $ 0 Required: What amount of gross profit (or loss) would Beck record on this project in each year, assuming that Beck recognizes revenue for this project upon completion of the project? Place answers in the spaces provided below and show supporting computations. (Loss amounts should be indicated with a minus sign. Enter your answers In millions (.e., 10,000,000 should be entered as 10)) Years Gross Profit (or Loss) recognized 2017 2018 2019 million million