23. Assuming that the percentage-of-completion method is used, which of the following is reported on the balance sheet at Dec. 31, 2016? a. Receivable under current assets with a balance of $420,000 b. Net of Construction in Progress and Billings on C.I.P under current assets with a balance of $120,000 c. Billings on C.I.P under current liabilities with a balance of $300,000 d. Construction in Progress under current liabilities with a balance of $280,000