[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:

	2021			2022			2023
Cost incurred during the year	$	2,604,000		$	4,032,000		$	1,940,400
Estimated costs to complete as of year-end		5,796,000			1,764,000			0
Billings during the year		2,040,000			4,596,000			3,364,000
Cash collections during the year		1,820,000			4,000,000			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.)