Eilert Construction Company had a contract starting April 2018, to construct a $42,000,000 building that is expected to be completed in September 2019, at an estimated cost of $38,500,000. At the end of 2018, the costs to date were $17,710,000 and the estimated total costs to complete had not changed. The progress billings during 2018 were $8,400,000 and the cash collected during 2018 was $5,600,000. Eilert uses the complete contract method. For the year ended December 31, 2018, Eilert would recognize gross profit on the building of a. $0. b. $1,475,833. c. $1,610,000. d. $1,890,000.