Adler Construction Co. uses the percentage-of-completion method. In 2021, Adler began work on a contract for a price of $11,000,000 and it was completed in 2022. Data on the costs are: Year Ended December 31 2021 Costs incurred YTD $3,900,000 $6,700,000 Estimated Costs to complete 2,600,000 o For the years 2021 and 2022, Adler should recognize gross profit of I 2022 2021 a. SO b. $2,580,000 c. $2.700.000 d. $2,700.000 2022 $4,300,000 $1,720.000 $1,600,000 $4,300.000