Question: What is Grey's transaction price based on the expected value method? $50,050 555,000 $53,130 552,800 QUESTION 31 begin{tabular}{l} 6 51 11 11

What is Grey's transaction price based on the expected value method? $50,050 555,000 $53,130 552,800 QUESTION 31 \begin{tabular}{l} 6 \\ 51 \\ 11 \\ 11 \\ \hline \end{tabular} How should these amounts be reported in the financial statements? Cash: $152,000; Accounts Payable: $35,000 Cash: \$117,000; Accounts Payable: \$0 Cash: $122,000; Accounts Payable: $5,000 Cash: \$117,000; Accounts Payable: \$35,000
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