please need help

Productive Construction enters into a long-term fixed price contract to build an office building for $20,000,000. In the first year of the contract Productive incurs $6,000,000 of cost and the engineers determined that the remaining costs to complete are $15,000,000. How much gross profit or loss should Gleason recognize in Year 1 assuming the use of the percentage-of-completion method? a. $1,000,000 profit b. $285,714 loss c. $0 d. $1,000,000 loss