Question: During 2 0 2 5 , Pharoah Company started a construction job with a contract price of $ 1 , 6 2 0 , 0

During 2025, Pharoah Company started a construction job with a contract price of $1,620,000. The job was completed in 2027. The following information is available.
\table[[,2025,2026,2027],[Costs incurred to date,$444,400,$867,420,$1,060,000. QUESTION- Compute The amount of gross profit to be recognized each year, assuming the COST-RECOVERY METHOD is used. Thank you, please use cost recovery method.
 During 2025, Pharoah Company started a construction job with a contract

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