Ivanhoe Construction Inc., which has a calendar year end, has entered into a non-cancellable fixed-price contract for $2.6 million beginning September 1,2023 , to bulld a road for a municipality. It has been estimated that the road construction will be complete by June 2025 . The following data pertain to the construction period. Using the percentage-of-completion method, what is the balance in the Contract Asset/Liability account at December 31, 2023 and 2024? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45))