$[$The following information applies to the questions displayed below.$]$

In $2024,$ 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 $2026.$ Information related to the contract is as follows:

$\backslash$table$[[$Cost incurred during the year,$2024,2025,2026],[$Estimated costs to complete as of year$-$end,$$2,016,000,$$$2,808,000,$$$2,613,600],[$Billings during the year,$5,184,000,2,376,000,0],[$Cash collections during the year,$2,180,000,2,644,000,5,176,000]]$

Westgate recognizes revenue over time according to percentage of completion.

$3.$ Complete the information required below to prepare a partial balance sheet for $2024$ and $2025$ showing any items related to the contract.

Note: Do not round intermediate calculations.

$\backslash$table$[[$Balance Sheet $($Partial$),2024,,,],[$Current assets:,,$$,2025,],[$Accounts receivable,,,,$],[$Construction in progress,,,,$],[$Less: Billings,,$0,,],[$CIP in excess of billings,,,,$],[$Current liabilities:,,,,$],[,,,,],[,,,,]]$