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During 2023, Blossom Company started a construction job with a contract price of $1,920,000. The job was completed in 2025 . The following information is

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During 2023, Blossom Company started a construction job with a contract price of $1,920,000. The job was completed in 2025 . The following information is available. The contract is non-cancellable. Calculate the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).)

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