Assume that the sealed bid for the road contract was submitted on December 28, 2020, that Bradford has a calendar year end, and that the annual financial statements are issued in late February 2021. The bidding process closed on January 2, 2021, the award of the contract was announced on January 15, 2021, and the construction work will start in March 2021. Using the three-step analysis for determining whether the fundamental characteristics of useful information are present, determine what, if