Required information The following information applies to the questions displayed below.] In 2018, 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 2020. Information related to the contract is as follows 2019 2018 2020 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year $2,550,000 $4,250,000 $1,870,000 5,950,000 2,050,000 1,825, 000 1,700,000 4,750,000 4,100,000 3,200,000 4,075,000 Westgate recognizes revenue over time according to percentage of completion 3. Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to the contract. (Do not round intermediate calculations.) 2019 Balance Sheet (Partial 2018 Current assets Accounts receivable Construction in progress Less: Billings Costs and profit in excess of billings Current liabilities