Windsor Construction Company has entered into a contract beginning January $1,2020,$ to build a parking complex. It has been estimated that the complex will cost $$606,000$ and will take $3$ years to construct. The complex will be billed to the purchasing company at $$891,000.$ The following data pertain to the construction period.

$202020212022$

Costs to date $$260,580$ $$446,620$ $$618,000$

Estimated costs to complete $$345,420$ $$139,380$ $$0$

Progress billings to date $$272,000$ $$551,000$ $$891,000$

Cash collected to date $242,000501,000891,000$

$($a$)$ Using the percentage$-$of$-$completion method, compute the estimated gross profit that would be recognized during each year of the construction period.

Gross profit recognized in $2020$ $

Gross profit recognized in $2021$ $

Gross profit recognized in $2022$ $

$($b$)$ Using the completed$-$contract method, compute the estimated gross profit that would be recognized during each year of the construction period.

Gross profit recognized in $2020$ $

Gross profit recognized in $2021$ $

Gross profit recognized in $2022$ $