Sunland Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion method. The contract calls for progress billings and payments of $1850000 each quarter. The total contract price is $22200000 and Sunland estimates total costs of $18050000. Sunland estimates that the building will take 3 years to complete. and commences construction on January 2, 2021. At December 31, 2022, Sunland Construction estimates that it is 75% complete with the building: however, the estimate of total costs to be incurred has risen to $18300000 due to unanticipated price increases. Sunland Construction completes the remaining 25% of the building construction on December 31. 2023, as scheduled. At that time the total costs of construction are $19050000. What is the total amount of Revenue from Long-Term Contracts and Construction Expenses that Sunland will recognize for the year ended December 31, 2023? Sunland Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion method. The contract calls for progress billings and payments of $1850000 each quarter. The total contract price is $22200000 and Sunland estimates total costs of $18050000. Sunland estimates that the building will take 3 years to complete. and commences construction on January 2, 2021. At December 31, 2022, Sunland Construction estimates that it is 75% complete with the building: however, the estimate of total costs to be incurred has risen to $18300000 due to unanticipated price increases. Sunland Construction completes the remaining 25% of the building construction on December 31. 2023, as scheduled. At that time the total costs of construction are $19050000. What is the total amount of Revenue from Long-Term Contracts and Construction Expenses that Sunland will recognize for the year ended December 31, 2023