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. 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 omounts should be indicated with o minus sign. Check my work mode: This shows what is correct or incorrect for the work you have completed so far. it does not indicate comp Westgate recognizes revenue over time according to percentage of completion. Required: 1. Calculate the amount of tevenue and gross profit (loss) to be recognized in each of the three years. Note: Do not round intermediate calculations. Loss amounts should be indicated with a minus sign