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During 2023, Sunland Company started a construction job with a contract price of $1,792,000. The job was completed in 2025. The following information is available.

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During 2023, Sunland Company started a construction job with a contract price of $1,792,000. 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 nesative sign preceding the number eg. -45 or parentheses e.g. (45).) Calculate the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used. (Enter negotive amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45)) (b) The parts of this question must be compieted in order. This part will be available when you complete the part above

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