Oriole, Inc. began work in 2018 on a contract for $19740000. Other data are as follows: 2019 2018 Costs incurred to date $8460000 $13550000 Estimated costs to 5640000 0 complete Billings to date 6820000 20100000 Collections to date 4820000 17550000 If Oriole uses the completed-contract method, the gross profit to be recognized in 2019 is $12380000 $6190000 $3095000 O $2550000