Question: PLEASE WORK PROBLEM OUT COMPLETELY AND CORRECTLY #1. Zeinu Construction enters into a contract with a customer to bud a warehouse for $800,000 on January

PLEASE WORK PROBLEM OUT COMPLETELY AND CORRECTLY

$PLEASE WORK PROBLEM OUT COMPLETELY AND CORRECTLY \#1. Zeinu Construction enters into$

\#1. Zeinu Construction enters into a contract with a customer to bud a warehouse for $800,000 on January 30,2022 with a performance bonus of $200,000 if the building is completed by Jan 31 , 2021. The bonus will be reduced by $50,000 for each week that the completion is delayed. Zeinu commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: The transaction price for this transaction is

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