Carefree Company has a contract to construct a $$675,000$ bridge at an estimated cost of $$600,000.$ The contract is to start in July $2019,$ and the bridge is to be completed in October $2022.$ The following data pertain to the construction period.

Contract price

Cost incurred current year

Estimated cost to complete in future years

Billings to customer current year

Cash receipts from customer current year

$\backslash$table$[[2019,2020,2021,2022],[$$$675,000,$$$675,000,$$$675,000,$$$675,000$