In $2024,$ the Westgate Construction Company entered Into a contract to construct a road for Santa Clara County for

$$10,000,000.$ The road was completed in $2026.$ Information related to the contract is as follows:

Calculate the amount of revenue and gross profit $($loss$)$ to be recognized in each of the three years, assuming the

following costs Incurred and costs to complete information.

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Req $2A$

Req $2$

Calculate the amount of revenue and gross profit $($loss$)$ to be recognized in each of the three years using the above

information.

Note: Leave no cells blank $-$ be certain to enter $"0"$ wherever required. Loss amounts should be indicated with a minus signals.

$**$Please$,$ if posible, calculations$/$formula$/$excel$,$ anything to understand better!$**$