On February 1, 2020, Oriole Contractors agreed to construct a building at a contract price of $3,180,000. The total estimated construction costs would be $2,055,000 and the project would be finished in 2022. Information relating to the costs and billings for this contract is as follows: 2020 2021 2022 Total costs incurred to date $ 770,625 1,319,175 $ 2,240,000 Estimated costs to complete 1,284,375 935,825 -0- Customer billings to date 1,100,000 2,055,000 3,180,000 Collections to date 1,000,000 1,750,000 2,950,000 Calculate the gross profit/ (loss) that should be recognized for 2020, 2021, and 2022 using the percentage completion method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 2020 2021 2022 $ $ Gross profit/ (loss)