During 2020, Metlock Company started a construction job with a contract price of $1,620,000. The job was completed in 2022. The following information is available. 2020 2021 2022 Costs incurred to date $373.700 $749,360 $1,070,000 Estimated costs to complete 636,300 352,640 -0- Billings to date 302.000 907,000 1,620.000 Collections to date 268,000 815,000 1,425,000 (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 $ Gross profit recognized in 2021 $ Gross profit recognized in 2022