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In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in

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In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows: Westgate recognizes revenue over time according to percentage of completion. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the ontract. (Do not round intermediate calculations.)

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