Vaughn Enterprises Ltd. has entered into a contract beginning in February 2020 to build two warehouses for Atlantis Structures Ltd. The contract is a non-cancellable fixed price contract for $10 million. The following data pertain to the construction period (all figures in thousands).

		2020		2021		2022
Costs for the year		$3,825		4,675		1,200
Estimated costs to complete		4,675		1,270		-0-
Progress billings for the year (non-refundable)		3,500		4,100		2,400
Cash collected for the year		3,100		4,150		2,750

Using the percentage-of-completion method, calculate the percent complete for each year of the contract.

2020:

2021:

2022: