Required Informetlon The following Information applies to the questions displayed below In 2018, 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 2020. Information related to the contract is as follows: 2019 $2,62 7,8 2,414 , 8ee 2,496,88 2,486,88 2828 $2,655,480 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2818 $2,859,880 5,841,eee 2,19e,88 1,895,88e 5,314,88 5,705,88 Westgate recognizes revenue over time according to percentage of completion. 4. Calculate the amount of revenue and gross profit (loss) to be recognized In each of the three years assuming the following costs Incurred and costs to complete Information. (Do not round Intermedlate calculetlons and round your final answers to the nearest whole doller amount. Loss amounts should be Indicated wlth a minus sign.) 2818 2819 2820 Cost incurred during the yean Estimated costs to complete as of year-end $2,859,90e $3, 895,8e8 $3,295,8ee 5,841,8e8 3,195,808 2018 2019 2020 Revenue Gross profit (loss)