Guillen, Inc. began work on a $7,000,000 contract in 2022 to construct an office building. Guillen uses the cost-recovery method. At December 31, 2022, the balances in certain accounts were Construction in Process $1,715,000, Accounts Receivable $240,000, and Billings on Construction in Process $1,000,000. Indicate how these accounts would be reported in Guillen’s December 31, 2022, statement of financial position.