E) what is the balance in a contact asset/liability at december 31, 2023 and dec 31, 2024 In a contact asset/liability account

Ivanhoe Construction Inc, which has a calendar year end, has entered into a non-cancellable fixed-price contract for $2.9 million beginning September 1,2023 , to build a road for a municipality. It has been estimated that the road construction will be complete by June 2025 . The following data pertain to the construction period