During 2023, Sheridan Company started a construction job with a contract price of $1,760,000. The job was completed in 2025 . The following information is available. The contract is non-cancellable. (a) 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 es. -45 or parentheses eg. (45)