The answers outlined in red in part B are incorrect and I need help finding the correct answer. Thank you!

During 2020, Headland Company started a construction job with a contract price of $1,620,000. The job was completed in 2022 The following information is available 2022 $1,061.000 Costs incurred to date Estimated costs to complete Billings to date Collections to date 2020 $393.900 616.100 303.000 273,000 2021 $889,380 208,620 902,000 814,000 1,620,000 1,418,000 (a) Your answer is correct. Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used. Gross profit recognized in 2020 S s 237,900 Gross profit recognized in 2021 $ 184.920 Gross profit recognized in 2022 S 136,180 e Textbook and Media Assistance Used List of Accounts Attempts: 1 of 5 used (b) - Your answer is partially correct. Prepare all necessary journal entries for 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. For costs incurred use account Materials, Cash, Payables.) Account Titles and Explanation Debit Credit Construction In Process 495,480 Materials, Cash, Payables 495,480 (To record cost of construction.) Accounts Recevable 902.000 902.000 Billings on Construction In Process (To record progress billings.) Cash 814,000 Accounts Receivable 814,000 (To record collections.) Construction In Process 184,920 Construction Expenses 495,480 680,400 Revenue from Long-Term Contracts (To recognize revenue.)