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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

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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: Westgate recognizes revenue over time according to percentage of completion. . Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years, assuming the following costs hcurred and costs to complete information. tote: Do not round intermediate caleulations and round your final onswers to the nearest whole dollor amount. Loss amounts. hould be Indicotod with a minus sign

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