Question: During 2018, Gertz Corp. started a construction job with a total contract price of $12,000,000. The job was completed on November 11, 2019. Additional data

During 2018, Gertz Corp. started a construction job with a total contract price of $12,000,000. The job was completed on November 11, 2019. Additional data are as follows: 2019 $4,100,000 2018 Actual costs incurred $6.100.000 each year Estimated remaining 3,900,000 costs Billed to customer 6,300,000 Received from 5,500,000 0 5,700.000 6.500.000 customer Under the completed-contract method, what amount should Gates recognize as revenue for 2019? $0 $6,100,000 $5.700.000 $12.000.000

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