Holt Industries received a $1,300 prepayment from the Ramirez Company for the sale of new office furniture. Holt will bill Ramirez an additional $2,400 upon delivery of the furniture to Ramirez. Upon receipt of the $1,300 prepayment, how much should Holt recognize for a contract asset, a contract liability, and accounts receivable? Contract asset Contract liability_ Accounts receivable