b

Sunland Construction Company has entered into a non-cancellable contract beginning January 1, 2023, to build a parking complex. has been estimated that the complex will cost $625,000 and will take three years to construct. The complex will be billed to the purchasing company at $930,000. The following data pertain to the construction period. Using the percentage-of-completion method, calculate the estimated gross profit that would be recognized during each year of the construction period. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).)