During 2020, Crane Company started a construction job with a contract price of $1,580,000. The job was completed in 2022. The following information is available.

		2020		2021		2022
Costs incurred to date		$366,300		$802,270		$1,080,000
Estimated costs to complete		623,700		296,730		0
Billings to date		297,000		906,000		1,580,000
Collections to date		270,000		802,000		1,427,000

(a)

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

Gross profit recognized in 2020		$enter a dollar amount
Gross profit recognized in 2021		$enter a dollar amount
Gross profit recognized in 2022		$enter a dollar amount