-11 Question 1 of 8 View Policies Current Attempt in Progress Concord Corp. enters into a contract with a customer to build an apartment building for $963,500. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $164,100 to be paid if the building is ready for rental beginning August 1, 2021. The bonus is reduced by $54.700 each week that completion is delayed. Concord commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes Completed by Probability 70 % August 1, 2021 August 8, 2021 20 August 15, 2021 6 After August 15, 2021 4 Determine the transaction price for this contract. Transaction Price $ e Textbook and Media Attempts: unlimited Submit Answer Save for Later