Question: ( 5 points ) GABM, Inc. entered into a contract to build a store for $ 1 , 8 9 9 , 8 2 0

(5 points) GABM, Inc. entered into a contract to build a store for $1,899,820. If they finish on time, they will get a $760,000 bonus. For each week they are late, the bonus drops by $152,000. Based on past performance, the production team estimates that they have a 30% chance of completing the project on time, a 60% percent chance of finishing 1 week late, and a 10% chance of finishing 2 weeks late. What is the transaction price for this contract? (IO 2)

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