A dоnоr pledged $500,000 tо а not-for-profit hospitаl in 2025 to conduct medicаl research, conditional on the hospital raising $500,000 from other donors within two years. The donor contributed a $50,000 cash deposit as a good faith mark in 2026. The other donors met the condition in 2027. In which year would the revenue be recognized? What journal entry would be used to record the $50,000?