Apple Inc. recognizes revenue using percentage of completion for long-term contracts. The following information pertain to a contract Apple started working on in 2023:

Cost incurred during the year: $800,000.

Estimated cost until completion: $3,200,000.

Gross profit recognized in 2023: $133,333

What is the total revenue Apple will receive for this contract?

A. $666,665

B. $4,000,000

C. $4,500,000

D. $4,666,665