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Could use help here! thanks. Novak Construction, Inc, experienced the following construction activity in 2021, the first year of operations. Each of the above contracts

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Novak Construction, Inc, experienced the following construction activity in 2021, the first year of operations. Each of the above contracts is with a different customer, and any work remaining at December 31,2021 is expected to be completed in 2022. Prepare a partial income statement to indicate how the above contract information would be reported. Novak uses the completed-contract method. Prepare a partial balance sheet to indicate how the above contract information would be reported. Novak uses the completedcontract method. (List Current Assets in order of liquidity)

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