Blossom Construction Co. uses the percentage-of-completion method. In 2021, Blossom began work on a contract for $24250000; it was completed in 2022. The following cost data pertain to this contract: Year Ended December 31 2021 2022 Cost incurred during the year $8300000 $6100000 Estimated costs to complete at the end of year 5690000 If the completed-contract method of accounting was used, the amount of gross profit to be recognized for years 2021 and 2022 would be 2021 2022 O $10260000 $0. SO $9850000 $9850000 $1410000) SO. $10260000