$!$

Required information

$[$The following information applies to the questions displayed below.$]$

In $2024,$ 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 $2026.$ Information related to

the contract is as follows:

Calculate the amount of revenue and gross profit $($loss$)$ to be recognized in each of the three years, assuming

the following costs incurred and costs to complete information.

Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar

amount. Loss amounts should be indicated with a minus sign.

$***$Formulas$,$ explanation, or excel!$**$ So I can learn for good!