Cullumber Construction is constructing an office building under contract for Cannon Company and uses the percentage$-$ofcompletion method. The contract calls for progress billings and payments of $$1200000$ each quarter. The total contract price is $$18708000$ and Cullumber estimates total costs of $$17800000.$ Cullumber estimates that the building will take $3$ years to complete and commences construction on January $2,2024.$ At December $31,2024,$ Seasons estimates that it is $30\%$ complete with the construction, based on costs incurred.

By December $31,2025,$ Cullumber estimates that it is $75\%$ complete with the building; however, the estimate of total costs to be incurred has risen to $$18250000$ due to unanticipated price increases. What is the total amount of Construction Expenses that Cullumber will recognize for the year ended December $31,2025?$

$$ $$8075100$

$$13687500$

$$8347500$

$$7737600$