Question 1 View Policies Current Attempt in Progress On February 1, 2020, Oriole Contractors agreed to construct a building at a contract price of $5,880,000. Oriole estimated total con contract is as follows: 2020 2021 2022 Total costs incurred to date $1,524,000 $2,688,000 $4,640,000 Estimated costs to complete 2,540,000 1,792,000 -0- Customer billings to date 2,280,000 4,064,000 5,680,000 Collections to date 2,080,000 3,580,000 5,580,000 Fill in the correct amounts on the following schedule. For percentage of completion accounting and for completed-contract account Percentage-of-Completion Gross Profit Completed-Contract Gross Profit 2020 $ 2020 $ 2021 $ 2021 $ 2022 $ 2022 $ Save for Later ng at a contract price of $5.880,000. Oriole estimated total construction costs would be 54,064,000 and the project would be finished in 2022. Information relating to the costs and billings for this of completion accounting and for completed contract accounting show the gross profit that should be recorded for 2020, 2021 and 2022