In 2013, 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 2015. Information related to the contract is as follows (keep your decimals during the calcuation): 2013 2014 2015 Cost incurred during the year $2,500,000 $3,800,000 $2,000,000 Estimated costs to complete as of year-end 5,700,000 2,200,000 0 Billings during the year 2,100,000 4,200,000 3,700,000 Cash collections during the year 1,900,000 3,800,000 4,300,000 Gross profit recognized: Percentage of completion Completed contract 2013 10) 11) 2014 12) 13) 2015 14) 15) Total gross profit 16) 17)