During 2020, Headland 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. $393,900 $760,380 $1,059,000 Estimated costs to complete Billings to date 616,100 341.620 -0- Collections to date 299.000 905,000 268,000 818,000 1.610,000. 1,421,000 (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-