Assume Avaya contracted to provide a customer with Internet infrastructure for $$2,000,000.$ The project began in $2024$ and was completed in $2025.$ Data relating to the contract are summarized below:

Costs incurred during the year

Estinated costs to complete as of $\frac{12}{31}$

billings duxing the year

Cash collections dur ing the year

Requlred:

$\backslash$table$[[2024,2025],[5300,000,$$$1,575,000$