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In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for 510,000,000. The road was completed in

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In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for 510,000,000. The road was completed in 2023 . Information related to the contract is as follows: Westgste recognizes revenue over time according to percentage of completion. 5. Calculate the amount of revenue and gross proft (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complote information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount Loss amounts should be indicated with a minus sign.)

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