O'Brien Construction Company uses the percentage$-$of$-$ompletion method. One of its projects is being built for a local school for a contract price of $$5,000,000.$ The three$-$year project is expected to be completed in $2020.$ The following information is available regarding this particular construction project for the first two years:

$\backslash$table$[[,2018,2019],[$Costs incurred during the year,$$500,000,$$$\mathrm{.}700,000$