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Cullumber Construction Company uses the percentage - of - completion method of accounting. In 2 0 2 5 , Cullumber began work under contract #E

Cullumber Construction Company uses the percentage-of-completion method of accounting. In 2025, Cullumber began work under
contract #E2-D2, which provided for a contract price of $2,178,000. Other details follow:
(a)
What portion of the total contract price would be recognized as revenue in 2025? In 2026?(Do not round intermediate
calculations.)
Revenue recognized in 2025$
Revenue recognized in 2026$
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List of Accounts
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