In $2024,$ Wright$$s$,$ Inc., signs a contract to design and deliver $100$ laptop computers customized to perform certain functions required by a customer. Wright$$s will be paid $$300$ per computer but must deliver all $100$ laptops to fulfill the contract. At the end of $2024,$ Wright$$s has completed and delivered $75$ laptops and recognizes $$22,500(75\backslash$times $$300)$ in revenues in its audited financial statements.

Assuming Wright$$s is an accrual basis taxpayer, how much gross income must it recognize in its $2024$ taxable income?

$($How$)$ would your answer change if the contract allowed the customer to cancel the contract prior to delivery of the $100$ computers but required them to pay for any computers completed prior to cancellation?