Shanahan Construction Company has entered into a contract beginning January 1, 2014, to build a parking complex. It has been estimated that the complex will cost $720,000 and will take 3 years to construct. The complex will be billed to the purchasing company at $1,080,000. The following data pertain to the construction period.

		2014		2015		2016
Costs to date		$324,000		$540,000		$732,000
Estimated costs to complete		396,000		180,000		0
Progress billings to date		324,000		660,000		1,080,000
Cash collected to date		288,000		600,000		1,080,000 Using the percentage-of-completion method, compute the estimated gross profit that would be recognized during each year of the construction period.