The Leverenz Construction Company began work on a $12,000 contract on 1/1/22. Planned completion was in 2024. The Percentage-of-Completion method is used. Given the following: Costs incurred to date Estimated costs to complete Billings to date Collections to date 2022 $1,520 6,080 3,000 2,900 2023 $5,500 6,000 5,800 5,500 2024 $12,700 0 11,000 10,000 2023 Net Income (Loss) is: O a. $(641) O b. $(380) O c. $(260) O d. $239 O e. $(1,380)