Blossom Construction Company uses the percentage-of-completion method of accounting. In 2020. Blossom began work under contract #E2-D2, which provided for a contract price of $2,195,000. Other details follow: Costs incurred during the year Estimated costs to complete, as of December 31 Billings during the year Collections during the year 2020 $695,310 921.690 426,000 352.000 2021 $1.404,000 -0- 2.195.000 1.475.000 (a) What portion of the total contract price would be recognized as revenue in 2020? In 2021? Revenue recognized in 2020 Revenue recognized in 2021 $ $