On February 1, 2017, Marsh Contractors agreed to construct a building at a contract price of $17,400. Marsh estimated total construction costs would be $12,000 and the project would be finished in 2019. Information relating to the costs and billings for this contract is as follows:

	2017	2018	2019
Total costs incurred to date	$4,500	$7,920	$13,800
Estimated costs to complete	7,500	5,280	-0-
Customer billings to date	6,600	12,000	16,800
Collections to date	6,000	10,500	16,500

Record the 2018 journal entry for cash collections.

Dr. Cash Blank 1

Cr. Accounts Recievable