3. Trendy Flooring contracts to Try tile in a new school over a three-year period. The company accountants record the following details relating to the project Spending Pattern During Contact Details Contract price S.500.000 Estimated cost $400.000 Estimated profit S100,000 Year! Year 2 S100.000 $250.000 $ 50,000 Compute the amount of revenue for each year using the percentage of completion method. Year 1 Year 2 Year 3 Expense Percentage of total expense Revenue allocation