During 2020, Whispering Company started a construction job with a contract price of $1,580,000. The job was completed in 2022. The following information is available.

		2020		2021		2022
Costs incurred to date		$383,800		$807,380		$1,070,000
Estimated costs to complete		626,200		298,620		0
Billings to date		297,000		895,000		1,580,000
Collections to date		271,000		807,000		1,433,000

(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		$enter a dollar amount
Gross profit recognized in 2021		$enter a dollar amount
Gross profit recognized in 2022		$enter a dollar amount