See the multi-choice question below:

Sentence 1: The FCC (with the approval of the SBA) has defined small business in this category to mean businesses who have gross revenues not to exceed $40 million per year for the prior 3 calendar years.

Sentence 2: The FCC's definition of small business under this category was denounced by the SBA.

If the first sentence is true, then is the second sentence true?
Options:
1). yes
2). it is not possible to tell
3). no
3).