Question: metlock inc began work on a 7 2 6 1 0 0 0 contract in 2 0 2 2 to construct an office building. metlock

metlock inc began work on a 7261000 contract in 2022 to construct an office building. metlock uses the cost recovery method. at dec 312022 the balances in certain accounts wer construction in process 1762000, accounts receiveable 241000, and billings on construction in process 1075000. indicate how these account would be reported in dec 312022 statement of financial position

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