Shamrock, Inc. began work on a $7,481,000 contract in 2017 to construct an office building. Shamrock uses the completed-contract method. At December 31, 2017, the balances in certain accounts were Construction in Process $1,805,000, Accounts Receivable $242,000, and Billings on Construction in Process $1,088,000. Indicate how these accounts would be reported in Shamrocks December 31, 2017, balance sheet.

(List assets in order of liquidity.)

Shamrock, Inc. Balance Sheet December 31, 2017