Beck Construction Company began work on a new building project on January 1, 2020. The project is to be completed by December 31, 2022, 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: In 2020: Cost incurred during the year is $30 million; Estimated cost to complete is $60 million In 2021: Cost incurred during the year is $45 million; Estimated cost to complete is $45 million In 2022: Cost incurred during the year is $35 million; Estimated cost to complete is $0 What amount of gross profit(loss) would Beck record on this project in 2021, assuming that Beck recognizes revenue for this project over time according to percentage of completion