Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevant data are summarized below: ADH recognizes revemue upon completion of the contract. What is the journal entry in 2021 to record revenue? B) \begin{tabular}{|l|l|l|} \hline Construction in progress & 400,000 & \\ \hline Cost of construction & 600,000 & \\ \hline Revenue from long-term contracts & & 1,000,000 \\ \hline \end{tabular} C) \begin{tabular}{|l|l|l|} \hline Cost of construction & 2,000,000 & \\ \hline Gross profit & 1,000,000 & \\ \hline Revenue from long-term contracts & & 3,000,000 \\ \hline \end{tabular} D) \begin{tabular}{|l|l|l|} \hline Construction in progress & 1,200,000 & \\ \hline Cost of construction & 1,800,000 & \\ \hline Revenue from long-term contracts & & 3,000,000 \\ \hline \end{tabular}