Current Attempt in Progress During 2023, Pharoah Company started a construction job with a contract price of $1,728,000. The job was completed in 2025 . The following information is available. The contract is non-cancellable. Account Titles and Explanation Construction in Process Materials, Cash, Payables (To record cost of construction) Accounts Receivable Billings on Construction in Process (To record progress billings) Cash Accounts Receivable (To record collections) Cash Accounts Receivable (To record revenues) Construction in Process Sales Revenue Debit 459000 Credit 459000 648000 583200 \begin{tabular}{|r|r|} \hline 145800 \\ \hline \end{tabular} (To record construction expenses)