Ivanhoe, Inc. began work on a $$6,588,000$ contract in $2025$ to construct an office building. Ivanhoe uses the cost$-$recovery method. At

December $31,2025,$ the balances in certain accounts were Construction in Process $$1,835,000,$ Accounts Receivable $$240,000,$ and

Billings on Construction in Process $$945,000.$

Indicate how these accounts would be reported in Ivanhoe's December $31,2025,$ balance sheet. $($List assets in order of liquidity.$)$

IVANHOE, INC.

Balance Sheet

December $31,2025$

Current Assets

$