In 2013, the Westgate Construction Company entered a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2015. Information related to the contract is as follows:

	2013			2014			2015
Cost incurred during the year	$	2,511,000		$	3,645,000		$	2,138,400
Estimated costs to complete as of year-end		5,589,000			1,944,000			0
Billings during the year		2,100,000			4,056,000			3,844,000
Cash collections during the year		1,890,000			3,700,000			4,410,000

Westgate uses the percentage-of-completion method of accounting for long-term construction contracts.

Required:

1.	Calculate the amount of gross profit (loss) to be recognized in each of the three years. (Do not round intermediate calculations.)