$1.$ Cullumber$$Construction is constructing an office building under contract for Cannon Company and uses the percentage$-$of$-$completion method. The contract calls for progress billings and payments of $$1850000$each quarter. The total contract price is $$19248000$and$$Cullumber$$estimates total costs of $$18350000.$Cullumber$$estimates that the building will take$3$years to complete, and commences construction on January $2,2021.$ At December $31,2022,$Cullumber$$Construction estimates that it is$80\%$ complete with the building; however, the estimate of total costs to be incurred has risen to $$18550000$due to unanticipated price increases. What is reported in the balance sheet at December $31,2022$ for$$Cullumber$$as the difference between the Construction in Process and the Billings on Construction in Process accounts, and is it a debit or a credit?