please help and explain

During 2020, Nilsen Company started a construction job with a contract price of $1,600,000. The job was completed in 2022 . The following information is available. (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 \$