Vaughn Enterprises Ltd$.$ has entered into a contract beginning in February $2023$ to build two warehouses for Atlantis Structures Ltd$.$ The contract is a non$-$cancellable fixed$-$price contract for $$9\mathrm{.}5$ million. Billings and collections are lower in $2025$ by $$500,000$ each. The following data pertain to the construction period $($all figures in thousands$).$

$\backslash$table$[[,2023,2024,2025],[$Costs for the year,$$3,825,4,675,1,200],[$Estimated costs to complete,$4,675,1,270,-0-$