Required Information [The following information applies to the questions displayed below.) In 2021, 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 2023. Information related to the contract is as follows: cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2021 $2,504, eee 5,796,800 2,848,888 1,820, eee 2022 $4, 32,000 1,764,000 4,596,800 4,000,000 2023 $1,940,400 3,364, eee 4,180,000 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. (Do not round Intermediate calculations. Loss amounts should be Indicated with a minus sign.) 2021 2022 2023 Revenue Gross profit (loss)