Pelican Hospital, a Not-For-Profit Entity, Received a Pledge from a Donor

Pelican Hospital, a not-for-profit entity, received a pledge from a donor in support of a fund-raising effort by the hospital to finance construction of a new facility for cancer treatment. The donor promised to pay $2 million in equal annual installments of $200,000 over the next 10 years. The present value of the gift at the risk-free interest rate is $1,472,000.
-The amount of restricted revenue that should be recognized by Pelican in the year of the gift is

A) $2 million.
B) $1,472,000.
C) $200,000.
D) $0.