$(8$ points$)$ In $2024,$ the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $$9,750,000.$ The road was completed in $2026.$ Information related to the contract is as follows:

$\backslash$table$[[,2024,2025,2026],[$Cost incurred during the year,$ $2,010,000,$$ $2,320,000,$$ $3,000,000],[$Estimated costs to complete as of year$-$end,$5,000,000,3,050,000,0],[$Bilings during the year,$2,975,000,3,200,000,3,575,000$