During 2020, Indigo Corporation started a construction job with a contract price of $5.46 million. Indigo ran into severe technical difficulties during construction but managed to complete the job in 2022. The contract is non-cancellable. Under the terms of the contract, Indigo sends billings as revenues are earned. Billings are non-refundable. The following information is available

Costs incurred to date 2020 : $780,000

2021: $2,730,000

2022: $5,360,000

Estimated costs to complete: 2020: $4,095,000

2021: $2,730,000

2022: $ -0-

Required: Calculate the amount of gross profit that should be recognized each year under the percentage-of-completion method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)