n 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:

2013 2014 2015

Cost incurred during the year $ 3,471,000 $ 4,005,000 $ 1,566,400

Estimated costs to complete as of year-end 5,429,000 1,424,000 0

Billings during the year 2,900,000 4,576,000 2,524,000

Cash collections during the year 2,610,000 4,500,000 2,890,000

Westgate uses the percentage-of-completion method of accounting for long-term construction contracts.

Calculate the amount of gross profit (loss) to be recognized in each of the three years. (Do not round intermediate calculations.)