Cullumber Construction Co$.$ uses the percentage$-$of$-$completion method. In $2024,$ Cullumber began work on a contract for

$$23200000$; it was completed in $2025.$ The following cost data pertain to this contract:

The amount of gross profit to be recognized on the income statement for the year ended December $31,2025$ is

$$3456000.$

$$8744000.$

$$2920000.$

$$3560000.$