1. Arc Hospital received an unconditional pledge for $1 million, which will be paid in four installments of $250,000 over four years. What amount of installment pledge revenue should be recognized in the first year (i.e., when the unconditional pledge was made)? Select one: O a. $1,000,000 O b. $250,000 O c.$500,000 O d. $0

1. Acchomptal received an unconditional pledge for $1 million, which will be paid in four installments of $250,000 over four years. What amount of noulinert predge revenue thould be recognized in the first year (i.e., when the unconditional pledge was made)? seatone: a. 1 posation 6sin00 c. 1500.000 a.s 1. Acchomptal received an unconditional pledge for $1 million, which will be paid in four installments of $250,000 over four years. What amount of noulinert predge revenue thould be recognized in the first year (i.e., when the unconditional pledge was made)? seatone: a. 1 posation 6sin00 c. 1500.000 a.s