IV$.$ A construction Company entered into a long$-$term contract to construct a building at a contract price of $$1,250,000.$ Construction began in $2008$ and was completed in $2010.$ The company used the cost$-$to$-$cost percentage$-$of$-$completion method to account for this transaction. Other relevant information has been summarized below:

$\backslash$table$[[,2008,2009,2010$