Hello I am struggling with this practice problem and concept so much! I can't figure it out. Could you please help me understand how how to calculate the amount of revenue and gross profit/loss for each of the three years? thank you

\begin{tabular}{l} On February 1, 2024, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of \\ \hline \end{tabular} $2,704,000 were sent, and cash collected was $2,420,000 n 2025, costs incurred were $2,704,000 with remaining costs estimated to be $3,855,000.2025 billings were $2,954,000, and $2,645,000 cash was collected. The project was completed in 2026 after additional costs of $3,970,000 were incurred. The company's fiscal year-end is December 31. This project does not qualify for revenue recognition over time