Current Attempt in Progress Moore Corp, enters into a contract with a customer to build an apartment building for $1,040,800. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $161,700 to be paid if the building is ready for rental beginning August 1, 2026. The bonus is reduced by $53,900 each week that completion is delayed. Moore commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by August 1, 2026 August 8, 2026 August 15, 2026 After August 15, 2026 Probability Transaction price $ 70 % 20 5 5 Determine the transaction price for this contract.

Moore Corp enters into a contract with a customer to bulld an apartment bulding for $1,040,800. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $161.700 to be paid if the building is ready for rental beginning August 1,2026. The bonus is reduced by $53,900 each week that completion is delayed. Moore coinmonly includes these completion bonuses in its contracts and, based on prior oxperience, estimates the following completion outcomes: Determine the transaction prike for this contract. Transaction price