Distinct Performance Obligations construction of the work customer's facility. The design/engineering and construction activities take place in separate divisions of Floyd Corporation, and these two divisions bill separately for their work. A typical three-year project might have the following pattern of work and billing (in $ millions). value transferred to the customer. For years 1, 2, and 3, determine the amount that Floyd Corporation will recognize in revenue and expense. What is the margin percentage reported in each year? Note: Round answers to one decimal place, including percentages. (Ex: 0.2345=23.5% ). Note: Round answers to one decimal place, including percentages. (Ex: 0.2345=23.5% )