Pensacola Building Company signed a contract to build a road over a period of two years for a price of $600,000. Information relating to the performance of the contract is summarized below: 2023 2024 Construction costs incurred during the year $110,000 $330,000 Estimated costs to complete $330,000 $--- Billings during the year (90% collected in cash) $100,000 $340,000 Provide the following three journal entries for 2023 (one debit and one credit for each) in the space provided. Do not skip lines. 1) Record CIP 2) Record Accounts Receivable 3) Record cash collections against Accounts Receivable. Can you help me solve these