Problem $6-10($Algo$)$ Long$-$term contract; revenue recognitlon over time $[$LO$6-8,6-9]$

$[$The following information applles to the questions displayed below$]$

In $2024,$ the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $$10,000,000.$ The road was completed in $2026.$ Information related to the contract is as follows:

Cost incurred during the year

Estimated costs to camplete as of year$-$end Billings during the year

Cash collections during the year

$\backslash$table$[[2024,,2625,2626],[2,490,860,$$$,3,954,006,$$$2,008,60$