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wa Question 1 of 9 - Chapter 3 (b) Brief Exercises essment-player/index.html?launchld=BacOf9d9-45cb-4a42-b61e-5dc216398f6f#/question/0 Question 1 of 9 -11 5 ... View Policies Current Attempt in Progress Blossom Corp. enters into a contract with a customer to build an apartment building for $1,240,000. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $186,000 to be paid if the building is ready for rental beginning August 1, 2029. The bonus is reduced by $62,000 each week that completion is delayed. Blossom commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes. August 1, 2029 70% August 8, 2029 20 August 15, 2029 5 After August 15, 2029 5 Determine the transaction price for this contract. Transaction price $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit