Sheridan Construction Inc., which has a calendar year end, has entered into a non-cancellable fixed-price contract for $2.4 million beginning September 1, 2023, to build a road for a municipality. It has been estimated that the road construction will be complete by June 2025. The following data pertain to the construction period. 2023 Costs to date Estimated costs to complete 5656,000 1,394,000 Progress billings to date (non-refundable) 708,000 Cash collected to date 556,000 2024 $1,452.000 968,000 1,968,000 1.851.000 2025 $2,018,000 0 2.400,000 2,400,000 (a) Using the percentage-of-completion method, calculate the percentage complete for 2023 and 2024. (Round answers to 2 decimal places, e.g. 52.75%.)