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 intermediate calculations. Loss amounts should be indicated with o minus sign. Required informotion [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. 2-a. In the journal below, complete the necessary joumat entries for the year 2024 (credit "Cash, Materlals, etc, for construction costs ncurred). 2-b. In the journal below, complete the necessary joumal entries for the year 2025 (credit "Cash, Materlals, etc" for construction costs incurred). 2-c. In the journal below, complete the necessary journal entiles for the year 2026 (credit "Cash, Materials, etc" for construction costs incurred)