Exercise 18-33 During 2017, Oriole Company started a construction job with a contract price of $1,610,000. The job was completed in 2019. The following information is available. 2017 2018 2019 Costs incurred to date Estimated costs to complete Billings to date Collections to date $434,300 $859,560 $1,073,000 575,700 242,440 301,000 897,000 1,610,000 271,000 817,000 1,428,000 Your answer is incorrect. Try again. Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used. Gross profit recognized in 2017 Gross profit recognized in 2018 Gross profit recognized in 2019