On March 1, 2025, Crane Construction Company contracted to construct a factory building for Shamrock Manufacturing Inc for a total contract price of $8,340,000. The building was completed by October 31, 2027. The annual contract costs incurred, estimated costs to complete the contract, and accumulated billings to Shamrock for 2025,2026 , and 2027 are given below Using the percentage-of-completion method, prepare a schedule to compute the profit or loss to be recognized as a result of this contract for the year ended December 31, 2025. (Ignore income taxes.) (If answer is 0 , please enter 0 . Do not leave any fields blank Enter loss using either a negative sign preceding the number eg. -45 or parentheses e.g. (45), Using the percentage-of-completion method, prepare a schedule to compute the profit or loss to be recognized as a result of this contract for the year ended December 31,2026. (Ignore income taxes.) (If answer is 0 , please enter 0 . Do not leave any fields blank. Enter loss using either a negative sign precedling the number e.g. -45 or parentheses eg. (45)