During 2020, Stellar Company started a construction job with a contract price of $1,610,000. The job was completed in 2022. The following information is available Costs incurred to date Estimated costs to complete Billings to date Collections to date 2020 $366,300 623.700 300,000 271 000 2021 $772.100 330.900 909.000 807.000 2022 $1.063.000 -0- 1.610.000 1.424.000 (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 5 Gross proht recognized in 2021 S Gross proft recognized in 2022