Hamilton Construction Company uses the percentage$-$of$-$completion method of accounting. In $2025,$ Hamilton began work under contract #E$2-$D$2,$ which provided for a contract price of $$2,200,000.$ Other details follow:$20252026$Costs incurred during the year$$640,000$$$1,425,000$Estimated costs to complete, as of December $31960,000-0-$Billings during the year$420,0001,680,000$Collections during the year$350,0001,500,000$Assuming the same facts as those above except that Hamilton uses the cost$-$recovery method of accounting, what portion of the total contract price would be recognized as revenue in $2026?$Revenue recognized in $2026$$