View Policies Current Attempt in Progress Novak Corp.enters into a contract with a customer to build an apartment building for $750,000. The customer hopes tort apartments at the beginning of the school year and offers a performance bonus of $168.000 to be paid the building ryto rental beginning August 1, 2020. The bonus is reduced by 556,000 each week that completion is delayed. Novak commonly indute these completion bonuses in its contracts and based on prior experience, estimates the following completion outcomes Completed by Probability August 1.2020 60 % August 8, 2020 20 August 15, 2020 15 After August 15, 2020 Determine the transaction price for this contract under IFRS. Transaction price $ 850800 e Textbook and Media