During 2025, Sunland Company started a construction job with a contract price of $1,610,000. The job was completed in 2027. The following information is available.
2025 2026 2027
cost incurred to date $393,900 $760,380 $1,059.000
estimated cost to complete 616,100 341,620 -0-
billings to date 299,000 905,000 1,610,000
collections to date 268,000 818,000 1,421,000
Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used.
Gross profit recognized in 2025 $________