Sheridan Construction Co. uses the percentage-of-completion method. In 2021, Sheridan began work on a contract for $23125000; it was completed in 2022. The following cost data pertain to this contract: Year Ended December 31 2021 2022 $8050000 $5850000 5445000 Cost incurred during the year Estimated costs to complete at the end of year If the completed-contract method of accounting was used, the amount of gross profit to be recognized for years 2021 and 2022 would be 2021 2022 $0. $9225000. O $0. $9630000. O $9630000. $0. O $9225000. $(405000)