(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: 2023 $2,371,600 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2021 $2,156,000 5,544,000 2,130,000 1,865,000 2022 $3,388,000 2,156,000 3,414,000 3,300,000 4,456,000 4,835,000 Westgate recognizes revenue over time according to percentage of completion. Problem 6-10 (Algo) Part 3 . Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items elated to the contract. (Do not round intermediate calculations.) 2021 2022 Balance Sheet (Partial) Current assets 0 0 Current liabilities