Current Attempt in Progress Cullumber, Inc. began work in 2021 on contract #3814, which provided for a contract price of $19425000. Other details follow: 2021 2022 Costs incurred during the year $3260000 $9890000 Estimated costs to complete, as of December 31 9690000 0 Billings during the year 3650000 14700000 Collections during the year 2450000 15900000 Assume that Cullumber uses the completed-contract method of accounting. The portion of the total pross profit to be recognized as income in 2022 is $19425000 $3650000 $2450000 $6275000 %