Required Information [The following information applies to the questlons 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: Westgate recognizes revenue over time according to percentage of completion. 2-a. In the journal below, complete the necessary journal entrles for the year 2021 (credit "Varlous accounts" for construction costs ncurred). 2-b. In the journal below, complete the necessary journal entries for the year 2022 (credit "Varlous accounts" for construction costs ncurred). 2-c. In the journal below, complete the necessary journal entries for the year 2023 (credit "Varlous accounts" for construction costs ncurred). Requlred: 1. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years. (Do not round Intermedlate calculations. Loss amounts should be Indlcated with a minus sign.) 3. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the :ontract. (Do not round Intermedlate calculations.) 5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs ncurred and costs to complete Information. (Do not round Intermedlate calculatlons and round your flinal answers to the nearest whole dollar amount. Loss amounts should be Indlcated with a minus sign.)