Please classify the asset and find the amount:

Brief Exercise 6-34 (Algo) Long-term contract; revenue recognition over time; balance sheet [LO6-8, 6-9] A construction company entered into a fixed-price contract to build an office building for $26 million. Construction costs incurred during the first year were $6 million, and estimated costs to complete at the end of the year were $9 million. The company recognizes revenue over time according to percentage of completion. During the first year the company billed its customer $9 million, of which $3 million was collected before year-end. What would appear in the year-end balance sheet related to this contract? Note: Enter your answers in whole dollars and not in millions (i.e., $4 million should be entered as $4,000,000 )