The green answers are correct, please use this format to complete parts a and b. Red answers are incorrect and I need help to solve them. Thank you

On July 1, 2020, Sheridan Construction Company Inc. contracted to build an office building for Gumbel Corp. for a total contract price of $1,900,000. On July 1, Sheridan estimated that it would take between 2 and 3 years to complete the building. On December 31, 2022, the building was deemed substantially completed. Following are accumulated contract costs incurred, estimated costs to complete the contract, and accumulated billings to Gumbel for 2020, 2021, and 2022. At 12/31/20 At 12/31/22 Contract costs incurred to date Estimated costs to complete the contract Billings to Gu bel $315,000 1,185,000 290,000 At 12/31/21 $1,140,000 860,000 1,110,000 $2,096,200 -0- 1,840,000 2020 Costs to date (12/31/20) $ 315000 Estimated Costs to Complete 1185000 Estimated Total Costs $ 1500000 Percent Complete 21 % Revenue Recognized $ 399000 Costs Incurred -315000 Profit /(Loss) Recognized in 2020 $ 84000 2022 Costs to date (12/31/22) $ 2096200 Estimated Costs to Complete 0 2096200 Contract Price 1900000 Total Profit/Loss (139200) Total Profit/Loss $ (139200) Profit /(Loss) Recognized in 2021 $ (141000) Profit/ (Loss) Recognized in 2020, 84000 (57000) Profit /(Loss) Recognized in 2022 $ -196200