Haft Construction Co. has consistently used the percentage of completion method On January 10 Year 1. Haft began work on a $3.000,000 construction contract. At the inception date, the estimated cost of construction was $2.250,000. The following data relate to the progress of the contract Income recognized at 12/31/Year 1 300.000 Costs incurred 1/10/ Year 1 through 12/31/Year 2 1.800.000 Estimated cost to complete at 12/31/Year 2 600.000 in its income statement for the year ended December 31. Year 2. what amount of gross profit should Haft report? 5450.000 $300.000 5262.500 5150.000