d$.$ JJ Construction Inc. entered into a contract with a customer to build a movable storage facility on January $1$ for $$600,000.$ JJ Construction Inc. owns the work in process and constructs this type of storage unit for a number of customers. The customer made a down payment of $10\%$ of the project, with an additional $10\%$ due at the end of year one and the remaining due when it takes control of the facility. The facility is expected to be completed in two years for a total cost of $$480,000.$ Actual costs incurred through December $31$ of the first year are $$200,000.$ Determine the amount of revenue to record for the first year.

Revenue to recognizeAnswer $6$