Current Attempt in Progress During 2020, Indigo Corporation started a construction job with a contract price of $5.46 million, Indigo ran into severe technical difficulties during construction but managed to complete the job in 2022. The contract is non-cancellable under the terms of the contract, Indigo sends billings as revenues are earned, Billings are non-refundable. The following information is available: 2020 $ 780,000 4.095.000 2021 $2,730,000 2022 $5,360,000 Costs incurred to date Estimated costs to complete 2.730.000 -0- Billings for the construction contract were as follows: 2020, $680,000: 2021. $2,450.000; and 2022 $2,330,000. Calculate the balance of the Contract Asset/Liability account at the end of each year using the percentage-of-completion method. (Do not leave any answer field blank. Enter for amounts.) December 31, 2020 December 31, 2021 December 31 $ Balance of the Contract Asset/Liability $ $ e Textbook and Media Calculate the balance of the Contract Asset/Liability account at the end of each year using the zero-profit and completed- contract methods. (Do not leave any answer field blank. Enter for amounts.) December 31, 2020 December 31, 2021 December 31, $ $ $ Balance of the Contract Asset/Liability