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Required information The following information apples to the questions displayed belowy In 2024, the Westgate Construction Company entered into a contract to consiruct a road

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Required information The following information apples to the questions displayed belowy In 2024, the Westgate Construction Company entered into a contract to consiruct a road for Santa Clara County for $10,000,900. The road was completed in 2026 information related to the contract is as follows: Westgate recognizes revenue over time according to percentage of completion. Required: 1. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years. Note: Do not round intermediote colculations. Loss amounts should be indicated with a minus sign

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