In Year 1, Sorensen Construction agreed to build a warehouse for a customer for $1,400,000. Compute revenue, expenses, and income for each year assuming the following: 1. Sorensen completed the warehouse on time and on budget. 2. Sorensen's performance obligation for the warehouse was fulfilled over time. 3. The costs incurred closely approximated the value conveyed to the customer. Round percentages to the nearest whole percent (i.e. .3662=37% ). Use the rounded percent to calculate subsequent answers