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upon project completion (L06-9) Brady Construction Company contracted to build an apartment complex for a price of $6.700,000. Construction began in 2021 and was completed

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upon project completion (L06-9) Brady Construction Company contracted to build an apartment complex for a price of $6.700,000. Construction began in 2021 and was completed in 2023. The following is a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars Situation Costs Incurred During Year 2021 2022 2023 1,670 2.540 1.410 1,670 1,410 3,00 1.670 2,640 2,960 670 3,170 1.340 670 3,170 2,490 570 3.170 3,500 Estimated costs to - Complete (As of the End of the Year) 2021 2022 2023 4.050 1.410 4,050 ,00 4,050 2,860 4,690 960 4,690 2,560 6,255 1,230 Required: Complete the following table. (Do not round intermediate calculations. Enter answers in dollars. Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign.) Answer is not complete. Gross Profit (Loss) Recognized Revenue Recognized Over Time Revenue Recognized Upon Completion 2021 2022 2023 2021 2022 268111 4703093 2023 upon project completion (L06-9) Brady Construction Company contracted to build an apartment complex for a price of $6.700,000. Construction began in 2021 and was completed in 2023. The following is a series of independent situations, numbered 1 through 6, involving differing costs for the project. All costs are stated in thousands of dollars Situation Costs Incurred During Year 2021 2022 2023 1,670 2.540 1.410 1,670 1,410 3,00 1.670 2,640 2,960 670 3,170 1.340 670 3,170 2,490 570 3.170 3,500 Estimated costs to - Complete (As of the End of the Year) 2021 2022 2023 4.050 1.410 4,050 ,00 4,050 2,860 4,690 960 4,690 2,560 6,255 1,230 Required: Complete the following table. (Do not round intermediate calculations. Enter answers in dollars. Round your final answers to the nearest whole dollar. Negative amounts should be indicated by a minus sign.) Answer is not complete. Gross Profit (Loss) Recognized Revenue Recognized Over Time Revenue Recognized Upon Completion 2021 2022 2023 2021 2022 268111 4703093 2023

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