Please answer both questions. if your unsure, please don't make an attempt. Thank you for your help

In January 2024, Continental Fund Services, Incorporated, enters into a one-year contract with a client to provide investment advisory services. The company will recelve a management fee, prepaid at the beginning of the contract, that is calculated as 0.5% of the client's $380 milion total assets being managed. In addition, the contract specifies that Continental will recelve a performance bonus of 20% of any returns in excess of the return on the Dow Jones industrial Average market index Continental estimates that it will earn a $2.0 million performance bonus, but is very uncertain of that estimate. given that the bonus depends on a highly volatle stock market. On what transaction price should Continental base revenue recognition? Note: Enter your answer in millions rounded to 2 decimal places (l.e, 5,500,000 should be entered as 5.50)