Biscayne Corporation signed a contract in 2019 to build for Arches Corporation a mountain biking park for a total price of $10 million. The construction project is expected to be completed in 2021. Additional information regarding the construction project follows: 2019 2020 2021 Expected (and actual) Cost 1,800,000 3,000,000 1,200,000 Payments to Biscayne 2,000,000 3,000,000 5,000,000 Compute revenues, expenses, and income for each year 2019 through 2021, and for all three years combined, using the cost-to-cost method. Revenues Expenses Income 2019 2020 2021