Nvidia enters into a contract which pays $$2,\frac{100}{?}$ month for six months of services. In addition, there is a $70\%$ chance the contract will pay an additional $$3,500$ and a $30\%$ chance the contract will pay an additional $$1,500,$ depending on the outcome of the contract.

Assume Nvidia estimates variable consideration as the most likely amount. What is the amount of revenue Nvidia would recognize for the first month of the contract?

Note: Do not round intermediate calculations. Round final answer to whole dollars.

Multiple Choice

$$2,100$

$$2,450$

$$2,683$