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In 2021, 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

image text in transcribed In 2021, 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 2023 . Information related to the contract is as follows: Westgate recognizes revenue over time according to percentage of completion. - Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years ssuming the following costs incurred and costs to complete information. (Do not round intermediate alculations and round your final answers to the nearest whole dollar amount. Loss amounts should ndicated with a minus sign.)

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