I need help with section b please.

Prepareall necessary joumal entries for 2026. (Credit account titles are automatically indented when amount is entered. Dor manually. If no entry is required, select "No Entry" for the occount tites and enter 0 for the amounts. For costs incurred use accoul Materials, Cash, Payables. List all debit entries before credit entries.) Account Titles and Explanation Construction In Process Materlals, Cash, Payables (To record cost of construction.) Accounts Recelvable Construction In Process (To record progress billings.) Cash Accounts Recelvable (To record collections.) Construction in process Construction Expenses Revenue from Long-Term contracts (To recognize revenue.) Debit Credit Credit During 2025, Ivanhoe Company started a construction job with a contract price of $1,610,000. The job was completed in 202 following information is available