On July $31,$ Clark Company contracted to have two products built by Donna Manufacturing for a total

of $$404000.$ The contract specifies that payment will only occur after both products have been

transferred to Clark Company. Donna determines that the standalone prices are $$217000$ for Product

$1$ and $$187000$ for Product $2.$ On August $1,$ when Product $1$ has been transferred, Donna's journal

includes a:

a$)$debit to Contract Assets for $$217000.$

b$)$ debit to Accounts Receivable for $$217000.$

c$)$debit to Contract Assets for $$187000.$

d$)$ debit to Accounts Receivable for $$187000.$