Question: 2 8 . Current Attempt in Progress Sandhill Construction enters into a contract with a customer to build a warehouse for $ 9 5 6
Current Attempt in Progress
Sandhill Construction enters into a contract with a customer to build a warehouse for $ on March with a
performance bonus of $ if the building is completed by July The bonus is reduced by $ each week that
completion is delayed. Sandhill commonly includes these completion bonuses in its contracts and, based on prior experience, estimates
the following completion outcomes:
The transaction price for this transaction is
$
$
$
$
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