During 2020, Metlock Company started a construction job with a contract price of $1,590,000. The job was completed in 2022. The following information is available. 2020 2021 2022 Costs incurred to date Estimated costs to complete Billings to date Collections to date $366,300 $831,440 $1,067,000 623,700 262,560 -0- 297,000 894,000 1,590,000 270,000 816,000 1.417,000 Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used. $ Gross profit recognized in 2020 $ Gross profit recognized in 2021 Gross profit recognized in 2022 $ Teadaoland Media