Meyer & Smith is a full service technology company. They provide equipment, installation services, and training. Customers can purchase any product or service separately or as an integrated package. Blossom Corporation purchased computer equipment, installation, and training for a total cost of $179,010 on March 15, 2018. The estimated standalone fair values of the equipment, installation, and training are $94,500, $74,400, and $30,000, respectively. 

What will be the journal entry to record the transaction on March 15, 2018

Wildhorse Construction is constructing an office building under contract for the Cannon Company using the percentage of completion method. The contract calls for billings and progress payments of $1,600,000 each quarter. The total contract price is $19,194,000 and Wildhorse estimates total costs of $1,820,000. Wildhorse estimates the building will take 3 years to complete and construction begins on January 2, 2018.
As of December 31, 2019, Wildhorse Construction estimates the building to be 70% complete; however, the estimate of total costs to be incurred has increased to $1,845,000 due to unforeseen price increases. 

What is reported on Wildhorse's December 31, 2019 balance sheet as the difference between the Construction In Progress and Construction In Progress Billings accounts, and is it a debit or credit?