Pharoah, Inc. began work on a $7, 493,000 contract in 2017 to construct an office building. Pharoah uses the completed-contract method. At December 31, 2017, the balances in certain accounts were Construction in Process $1, 616,000, Accounts Receivable $245,000, and Billings on Construction in Process $1, 094,000. Indicate how these accounts would be reported in Pharoah's December 31, 2017, balance sheet. (List assets in order of liquidity.)