RRE Inc. builds a department store in the city centre of SJ. The contract price of the job is $50,000,000. Information about costs is as follows: ($000s) Year 1 Year 2 Year 3 Costs incurred during the year $5,000 $19,000 $15,000 Estimated costs to complete $35,000 $13,500 $0 The company uses the percentage of completion method to account for long-term construction contracts. How much profit will be recognized in Year 2?(2 Points)