I need help with an accounting question and I need the answer as soon as possible.

Windsor Construction Company uses the percentage-of-completion method of accounting. In 2014, Windsor began work on a contract it had received which provided for a contract price of $15,000,000. Other details follow for 2014:

• Costs incurred during the year $7,200,000
• Estimated costs to complete as of December 31 2014, $4,800,000
• Billings during the year $6,600,000
• Collections during the year $3,900,000

What should be the gross profit recognized in 2014? (P