Crane Construction, which follows ASPE entered into a contract to construct a bridge for a contract price of $2.3 million. Construction began in 2019 and was completed in 2021. Below are the details of the transactions related to the contract: Costs incurred during the year Estimated costs to complete 2019 2020 2021 $641,000 $820,000 $721,900 1,503,000 705,000 0 Calculate the gross profit to be recognized each year using the completed-contract method. 2019 2020 2021 Revenue Expenses Gross Profit $