During $2025,$ Cullumber Company started a construction job with a contract price of $$1,620,000.$ The job was completed in $2027.$ The

following information is available.

$($a$)$

Your answer is partially correct.

Compute the amount of gross profit to be recognized each year, assuming the percentage$-$of$-$completion method is used.

Gross profit recognized in $2025,$$

Gross profit recognized in $2026,$$

Gross profit recognized in $2027,$$

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$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

$($c$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.