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: 2823 $2,424,400 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2821 $2,204,000 5,396,000 2,148, 880 1,870,0 2822 53, 192,000 2,284,000 3,256,eee 3,280,000 4,604,000 4,938,800 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 (lass)