Regal Construction Co$.$ entered into a long$-$term contract to build a facility for $$540,000.$ Construction began on January $1,$ Year $1$ and was completed at the end of Year $2.$ Regal uses the cost$-$to$-$cost method to measure the completion of its long$-$term performance obligations when revenue is recognized over time. Data related to the contract is as follows.

Year $1$Year $2$Costs incurred during year$$313,200$$$129,600$Estimated total costs$448,200*$Billings during the year$291,600248,400$Cash collections during the year$270,000270,000$

$*$Project completed at year$-$end; thus all costs are actual.

What amount of revenue will Regal Construction recognize in Year $1$ and Year $2$ related to the long$-$term contract, assuming that revenue is recognized over time?