DE3-5 Storage USA operates approximately 475 miniwarehouses across the United States. The company's headquarters are in Memphis, Tennessee. During 1998. Storage USA earned rental revenue of $217 million and collected cash of $223 million from customers. Total expenses for 1998 were $162 million, of which Storage USA paid $153 million. 1. Using the data supplied here, apply the revenue principle and the matching principle to compute Storage USA's net income for 1998. 2. Identify the information that you did not use to compute Storage USA's net income. Give the reason for not using the information.