Wildhorse Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion method. The contract calls for progress billings and payments of $2000000 each quarter. The total contract price is $19086000 and Wildhorse estimates total costs of $18200000. Wildhorse estimates that the building will take 3 years to complete, and commences construction on January 2, 2021. At December 31, 2021, Wildhorse estimates that it is 20% complete with the construction, based on costs incurred. What is the total amount of Revenue from Long-Term Contracts recognized for 2021 and what is the balance in the Accounts Receivable account assuming Cannon Company has not yet made its last quarterly payment? Revenue Accounts Receivable $3817200$2000000 $3640000$2000000 $6362000$6362000