Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be completed in September 2023, at an estimated cost of $22900000. At the end of 2021, the costs to date were $12595000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $5700000 and the cash collected during 2021 was 3290000. Wildhorse uses the percentage-of-completion method. At December 31, 2021 Wildhorse would report Construction in Process in the amount of: O $13695000. O $12595000. O $1100000. O $6895000