Ewing Construction Company has entered into a contract beginning January $1,2024,$ to build a parking complex. It has been estimated that the complex will cost $$1,200,000$ and will take $3$ years to construct. The complex will be billed to the purchasing company at $$1,800,000.$ The following data pertain to the construction period.

$\backslash$table$[[$Costs to date,$$540,000,$$$900,000,$$$1,220,000$