$1,360,000 is not the answer

Kiner, Inc. began work in 200 on a contract for $8,400,000. Other data are as follows Costs incurred to date $3,600,000$5,600,000 Estimated costs to complete 2,400,000 If Kiner uses the completed-contract method, the gross proft to be recogiced in 20xt is $1,400,000 $1,360,000 $5,600,000 $2,800,000