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During 2020, Blue Company started a construction job with a contract price of $1,610.000. The job was completed in 2022. The following information is

During 2020, Blue Company started a construction job with a contract price of $1,610.000. The job was completed in 2022. The following information is available. 2020 2021 2022 Costs incurred to date $383,800 $905,280 $1,063,000 Estimated costs to complete 626,200 198,720 -0- Billings to date 302,000 896,000 1,610,000 Collections to date 271,000 817,000 1419.000

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