Question: Variable Consideration. Sanjeev enters into a contract offering variable consideration. The contract pays him $ 1 , 0 0 0 / month for six months

Variable Consideration. Sanjeev enters into a contract offering variable 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 concludes that this contract
qualifies for revenue recognition over time

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