On May $1,2025,$ Blossom Construction Company contracted to construct a factory building for a total contract price of $$8,430,000.$ The building was completed by May $31,2027.$ The annual contract costs incurred, estimated costs to complete the contract, and accumulated billings to Fabrik for $2025,2026,$ and $2027$ are given below.

$\backslash$table$[[,2025,2026,2027,],[$Contract costs incurred during the year,$$2,730,500,$$$2,344,500,$$$1,975,000,],[$Estimated costs to complete the contract at$,\frac{12}{31},3,619,500,2,175,000,-0-$