Montana Corp. entered into a contract with B Industries that contains an element of variable consideration. The contract stipulates that B Industries will pay Montana $1,000/ month for six months of continuous consulting services. In addition, there is a 60% chance that B Industries will pay Montana an additional $2,000 and a 40% chance the contract will pay an additional $3,000, depending on the outcome of the consulting contract. Montana concludes that this contract qualifies for revenue recognition over time. Assume Montana estimates variable consideration as the expected value. What is the amount of revenue Montana would recognize for the first month of the contract? $1,333 $1,400 $1,000 $1,200