Required information

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

$[$The following information applies 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:

$\backslash$table$[[$cost incurred during the year,$2624,2025,2926],[$Estimated costs to complete as of year,$$2,490,060,$$$3,984,680,$$$2,698,690$