con i PES 13. During 2007, Eaton Corp. started a construction job with a total contract price of $7.000.000. It was completed on December 15, 2008. Additional data are as follows: 2007 2008 Actual costs incurred in current year $2,700,000 $3,050,000 Estimated remaining costs 2.700,000 Billed to customer 2.400,000 4,600,000 Received from customer 2,000,000 4,800,000 Under the completed-contract method, what amount should Eaton recognize as gross profit for 2008? $450,000 $1,250,000 O $950,000 $625.000