Problem 5-10 Long-term contract; revenue recognition over time [LO5-8, 5-9] [The following information applies to the questions displayed below.] In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows 1 20182019 2,044,000 $2,628,000$2,890,800 5,256,0002,628,o 2020 Cost incurred during the year Estimated costs to complete as of year-end Billings during the year Cash collections during the year 2,170,000 2,502,0 0 5,328,000 1,885,000 2,600,0005,515,000 Westgate recognizes revenue over time according to percentage of completion, Problem 5-10 Part 3 3. Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to th ontract. (Do not round intermediate calculations.)