During 2020, Pharoah Company started a construction job with a contract price of $1,728,000. The job was completed in 2020. The following information is available. The contract is non-cancellable 2020 2021 2022 Total costs to date 432,000 891,000 1, 155,600 Estimated costs to complete 648,000 297,000 0 Progress billings to date 324,000 648,000 756,000 Cash collected during the year 291,600 583,200 664,200 PART A What is the gross profit in dollars for each of the following years 2020? 2021? 2022? PART B Prepare all necessary journal entries for the Pharoah contract for 2020. (Use Materials, Cash, Payables for costs incurred to date.)