Construction company A continuously uses the percentage of completion method when recognizing its income. During 2014, the company signed an ABC office building construction contract worth $ 12,000,000. Information related to contract implementation is as follows:

Contract costs incurred during 2015 amounted to A. $ 2,880,000. B. $ 2,970,000. C. $ 3,150,000. D. $ 4,320,000.

Number Alignment Font F December 31 2015 2014 Percentage of Completion Estimated total cost at completion Gross Profit recognized (accumulated) 15% 45% 9,600,000 9,000,000 1,440,000 600,000