**I attempted some questions, please check my work & help with those not answered**

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	$	2,100,000		$	2,450,000		$	2,695,000
Estimated costs to complete as of year-end		4,900,000			2,450,000			0
Billings during the year		2,200,000			2,350,000			5,450,000
Cash collections during the year		1,900,000			2,300,000			5,800,000

Westgate recognizes revenue over time according to percentage of completion.

1. Cal culate 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.)

\f\f\f\f