At 30 June 2013 the Fair Value of WineCo's Vineyard

At 30 June 2013 the fair value of WineCo's vineyard is $2.5 million. At 30 June 2014 the following information is available:
$\begin{array}{ll}\text { Fair value of vines prior to harvest at 31 March 2014 } & \$ 3,100,000 \\\text { Fair value of grapes harvested at 31 March 2014 } & \$ 500,000 \\\text { Estimated costs to sell - grapes } & \$ 10,000 \\\text { Estimated costs to sell - vines } & \$ 20,000\end{array}$
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The entry to recognise the grapes at the point of harvest is:

A) DR $\quad$ Agricultural produce - grapes $\quad 500000$
CR $\quad$ Biological asset - vines $\quad 500000$
B) $\begin{array} { l l l } \text { DR } \quad \text { Agricultural produce } - \text { grapes } & 510,000 \\\text { CR } \quad \text { Cash } & 10,000 \\\text { CR } \quad \text { Biological asset } - \text { vines } & 500,000\end{array}$
C) DR $\quad$ Agricultural produce - grapes $\quad 500,000$
CR $\quad$ Profit & loss $\quad 500,000$
D) DR $\quad$ Agricultural produce - grapes $\quad 490000$
CR $\quad$ Profit & loss $\quad 490000$