item29 4 points time remaining 56 minutes 58 seconds00:56:58 item 29 time remaining 56 minutes 58 seconds00:56:58 arizona desert homes (adh) constructed a new subdivision during 2020 and 2021 under contract with cactus development co. relevant data are summarized below: contract amount $ 3,000,000 cost: 2020 1,200,000 2021 600,000 gross profit: 2020 800,000 2021 400,000 contract billings: 2020 1,500,000 2021 1,500,000 adh recognizes revenue upon completion of the contract. what is the journal entry in 2021 to record revenue?