I need help with part $(b1),(b2),$ and $(B3)$

Your answer is incorrect.

Using the cost$-$recovery method, prepare schedules to compute the profit or loss to be recognized as a result of this contract for

the years ended December $31,2025.($Ignore income taxes.$)($If answer is $0,$ please enter $0.$ Do not leave any fields blank.$)$

$2025$$$|$

eTextbook and Media

Attempts: $1$ of $5$ used

$($b$2)$

Using the cost$-$recovery method, prepare a schedule to compute the profit or loss to be recognized as a result of this contract for

the years ended December $31,2026.($Ignore income taxes.$)($If answer is $0,$ please enter $0.$ Do not leave any fields blank.$)$

$2026$

$

Attempts: $1$ of $5$ used

J

$

$($b$3)$

Using the cost$-$recovery method, prepare a schedule to compute the profit or loss to be recognized as a result of this contract for

the years ended December $31,2027.($Ignore income taxes.$)($If answer is $0,$ please enter $0.$ Do not leave any fields blank.$)$

$2027$

$