TB Problem $6-241($Static$)$ Beck Construction Company began work on a$...$

Beck Construction Company began work on a new building project on January $1,2023.$ The project is to be completed by December $31,2025,$ for a fixed price of $$108$ million. The following are the actual costs incurred and estimates of remaining costs to complete the project that were made by Beck's accounting staff:

YearsActual costs incurred in each yearEstimated remaining costs to complete the project $($measured at

December $31$ of each year$)2023$$ $30$ million$ $60$ million$2024$$ $45$ million$ $45$ million$2025$$ $35$ million$ $0$ million

Required:

What amount of gross profit $($or loss$)$ would Beck record on this project in each year, assuming that Beck recognizes revenue for this project over time according to percentage of completion?

Note: Enter "None" if there is no requirement of recognizing profit or loss. Loss amounts should be indicated with a minus sign. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$