Blossom Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion method. The contract calls for progress billings and payments of $900000 each quarter. The total contract price is $17898000 and Blossom estimates total costs of $17100000. Blossom estimates that the building will take 3 years to complete, and commences construction on January 2, 2021. At December 31, 2022, Blossom Construction estimates that it is 70\% complete with the building; however, the estimate of total costs to be incurred has risen to $17300000 due to unanticipated price increases. What is reported in the balance sheet at December 31 , 2022 for Blossom as the difference between the Construction in Process and the Billings on Construction in Process accounts, and is it a debit or a credit