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Wildhorse Construction Company uses the percentage - of - completion method of accounting. In 2 0 2 5 , Wildhorse began work under contract #E

Wildhorse Construction Company uses the percentage-of-completion method of accounting. In 2025, Wildhorse began work under contract #E2-D2, which provided for a contract price of $2,158,000. Other details follow:
\table[[,2025,2026],[Costs incurred during the year,$648,400,$1,429,00
Explain step by step how to solve...explain how to get the percentage and every step to get the final answers.
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