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Required Information

$[$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:

$\backslash$table$[[$Cost incurred during the year,$2024,2025,],[$Estimated costs to complete as of year$-$end,$$2,523,000,$$$3,177,000,$$$1,980,000$