On June 1, 2021, Montana Corp. entered into a 2-year contract to to provide maintenance services for equipment it sells. The contract starts on July 1, 2021. The contract details that Montana will be paid a fixed fee of $50,000 per year and will receive an additional 15% of the fixed fee at the end of each year provided that the equipment's breakdown time is below 10%. Montana estimates a 30% chance that the equipment will breakdown at a rate below threshold (less than 10% of the time), and concludes the revenue recognition over time is appropriate for this contract. How much revenue should Montana recognize on this contract in 2021 using the expected value method for variable consideration? O $25,000 $26,125 O $52,250 O $50,000