Current Attempt in ProgressYanmei Construction Company began operations on January $1,2025.$ During the year, Yanmei Construction entered into a contract with Lundquist Corp. to construct a manufacturing facility. At that time, Yanmei estimated that it would take $5$ years to complete the facility at a total cost of $$4,500,000.$ The total contract price for construction of the facility is $$6,000,000.$ During the year, Yanmei incurred $$1,185,800$ in construction costs related to the construction project. The estimated cost to complete the contract is $$4,204,200.$ Lundquist Corp. was billed and paid $25\%$ of the contract price.$($a$)$Prepare schedules to compute the amount of gross profit to be recognized for the year ended December $31,2025,$ and the amount to be shown as "costs and recognized profit in excess of billings" or "billings in excess of costs and recognized profit" at December $31,2025,$ under each of the following methods.

$($a$)$ Cost$-$recovery method.

Gross profit to be recognized

$($B$)$ computation of billing on Uncompleted contract in excess of related costs under Cost$-$Recovery Method