Question: Pool world agrees to a contract to build a pool for moss jr high for 1,500,000. Moss jr high agrees to pay a 50,000 performance

Pool world agrees to a contract to build a pool for moss jr high for 1,500,000. Moss jr high agrees to pay a 50,000 performance bonus if pool is ready by Feburary 23rd so it can be rented out to local swim teams. Pool worlds know it will be finished before Feburary 23rd. what is the transaction price determined to be?

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