Linx Corp. recognizes revenue over time to account for long-term construction contracts. The contract price is $1,000,000 and the estimated costs to complete the project are $500,000 on the date the contract was signed. Linx subsequently has the following information: Year 1 Year 2 Year 3 Costs incurred to date $200,000 $315,000 $800,000 Estimated costs to complete 300,000 385,000 0 Progress billings 250,000 250,000 500,000 Linx recognized $200,000 of gross profit during year 1. What is the gross profit or loss recognized in year 2