Aconstruction company entered into a fixed-price contract to build an office building for $38 million. construction costs incurred during the first year were $12 million and estimated costs to complete at the end of the year were $18 million. during the first year the company billed its customer $14 million, of which $7 million was collected before year-end. what would appear in the year-end balance sheet related to this contract using the percentage-of-completion method? (enter your answers in whole dollars.)