During 2017, Blue Bird Company started a construction job with a contract price of $1,824,000. The job was completed in 2019. The following information is available. The contract is non-cancellable.

Calculate the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used.

2019 $456,000 $940,500 $1,219,800 0 Billings to date (non-refundable) 342,000 1,026,000 1,824,000 307,800 923,400 1,624,500 2017 2018 Costs incurred to date Estimated costs to complete 684,000 313,500 Collections to date