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Kieso, Intermediate Accounting, 17e actice Assignment Gradebook ORION Downloadable eTextbook Intermediate Ac onment CALCULATOR FULL SCREEN PINTEREST Exercise 18-33 (Part Level Submission) During 2020, Metlock

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Kieso, Intermediate Accounting, 17e "actice Assignment Gradebook ORION Downloadable eTextbook Intermediate Ac onment CALCULATOR FULL SCREEN PINTEREST Exercise 18-33 (Part Level Submission) During 2020, Metlock Company started a construction job with a contract price of $1,580,000. The job was completed in 2022. The following information is valable 2020 2021 2022 Costs incurred to date $385,800 $807,380 $1,070,000 Estimated costs to complete 626,200 298,620 Billings to date 297,000 895,000 1,580,000 Collections to date 271,000 807,000 1,433,000 (a) Compute the amount of gross profit to be recognized each year, assuming the percentage of completion method is used. Gross profit recognized in 2020 Gross profit recognized in 2021 Gross profit recognized in 2022 SHOW LIST OF ACCOUNTS

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