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Required information

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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$[[,,2024,2026],[$Cost incurred during the year,$$2,156,000,$$$3,388,000,$$$2,371,600$