Required information [The following information applies to the questions displayed below] 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: 2021 2022 2023 Cost Incurred during the year Estimated costs to complete as of year-end $2,184,000 $3,510,000 $2,316,600 5,616,000 2,106,000 e Billings during the year 2,120,000 Cash collections during the year Westgate recognizes revenue over time according to percentage of completion 3,574,000 4,306,000 1,860,000 3,400,000 4,740,000 3. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the contract (Do not round intermediate calculations.) Balance Sheet (Partial) Current assets Current liabilities 2021 2022 0