B D E Thomas Consultants provided Bran Construction with assistance in implementing various cost-savings initiatives. Thomas's contract specifies that it will receive a flat fee of $60,000 and an additional $30,000 if Bran reaches a prespecified target amount of cost savings. Thomas estimates that there is a 55% chance that Bran will achieve the cost savings target. 1 2 3 Required: Assuming Thomas uses the expected value as its estimate of variable consideration, calculate the 4 transaction price 1 5 Assuming Thomas uses the most likely approach as its estimate of variable consideration, 6 calculate the transaction price. 2 7 8 9 10 12 13 15 16 17 18 19 20 21 22 23 25 26 27 28 29 an