Beta Inc. entered into an agreement to build a ship for $3,200 million and a reliable estimate of the project's total cost is $3,000 million. Project costs incurred by Beta Inc. are as follows: Project Costs Year 2014 Cost incurred $1,200 million 2015 2016 Total $600 million $1200 million $3,000 million Determine Beta's net income from this project for each year using percentage-of-completion and completed contract methods. Also, show the yearly revenues and expenses