During $2023,$ Pharoah Company started a construction job with a contract price of $$1,728,000.$ The job was completed in $2025.$ The following information is available. The contract is non$-$cancellable. $202320242025$ Costs incurred to date $432,000891,0001,155,600$ Estimated costs to complete $648,000297,0000$ Billings to date $324,000972,0001,728,0001,539,000$ Collections to date $291,600874,800$ Prepare all necessary journal entries for the Pharoah contract for $2024.($Use Materials, Cash, Payables for costs incurred to date.$)$