Sanjeev Enters into a Contract Offering Uncertain Consideration

Sanjeev enters into a contract offering uncertain consideration. The contract pays him $1,000/month for six months of continuous consulting services. In addition, there is a 60% chance the contract will pay an additional $2,000, and a 40% chance the contract will pay an additional $3,000, depending on the outcome of the consulting contract. Sanjeev estimates uncertain consideration using the probability-weighted amount. What is the amount of revenue Sanjeev would recognize for the first month of the contract?

A) $0.
B) $1,000.
C) $1,333.
D) $1,400.