Income statement REA Company signed a three-year contract to provide sales training to the employees of Chill Company. The contract price is 1 400 per employee and the estimated number of employees to be trained is 300. The expected number to be trained in each year and the expected training costs follow. Payment is made as 210 000, 126 000 and 84 000 in 2014, 2015 and 2016 respectively 2014 2015 2016 Total Number of employees 100 100 100 300 Training costs incurred 55.000 40 000 50.000 145 000 Requirement For each year, compute the revenue and expenses reported assuming revenue is recognised using the percentage-of-completion method, where percentage- of-completion is determined by the costs incurred. Round the final answer to the nearest integer