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please answer in this format! it gets very confusing otherwise! data needed is below Gross profit recognition 2015 2016 2017 Current year revenue Current year

please answer in this format! it gets very confusing otherwise! image text in transcribed
data needed is below
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Gross profit recognition 2015 2016 2017 Current year revenue Current year gross profit 0 $ 0 $ 1,900,000 Contract price 2015 2016 2017 Actual construction costs incurred during the year 800,000 $ 475,000 S 525,000 Construction costs incurred in prior years 800,000 $ 1.275,000 O $ Cumulative construction costs incurred to date 800,000 $ 1.275,000 $ 1,800,000 Estimated costs to complete 800,000 $ 425,000 Estimated total costs S 1,600.000 $ 1.700,000 $ 1,800,000 Progress billings made during the year Cash collections during the year ? 900,000 S 900,000 $ 100,000 600,000 $ 1.100,000 $ 200,000 se 2015 2016 2017 Construction in Progress 950,000 $ 1,425,000 $ 0 (900,000) (1,800,000) Billings on Construction in Progress 0 50,000 $ (375,000) $ Net Asset (Liability) 0 150,000 $ 0 S (50,000) Gross profit recognized in the current year

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