Janus Construction signs a contract to construct a small warehouse. The amount Janus will be paid depends on when the warehouse will be finished and is totally dependent on management's efficiency in production planning. The contract price is $100,000. Each one-week delay results in a penalty equal to $2,000. Janus's management, well versed in scheduling this kind of job, estimates the following distribution of outcomes and associated probabilities: On-time completion: 30% chance One-week delay: 50% chance Two-week delay: 10% chance Three-week delay: 10% chance Under the expected-value approach, the transaction price is: a. $94,000. b. $96,000. c. $100,000. d. $98,000.