(2) Corp is evaluating a contract to determine proper revenue recognition. The contract is for construction of (6) craft for a total price of $6,000,000. The customer needs the aircrafts in its showrooms by April 1, 2019, for the craft purchase season, the customer will provide a bom payment of $200,000 if all crafts are delivered by the Apnl I deadline. The bonus reduced by 550.000 each week that their are delivered after the deadline until no bonus is paid if the boats are delivered after April 2019. (Z) Corp frequently includes such hout terms in it contracts thus has good historical data for estimating the probabilities of completion at different dates. It estimates an equal probability for each till delivery outcome According to the above information's answer the following question: 1. The transaction price of this transaction using the expected value method equals: 6,000,000 b. 6,200,000 6,050,000 d. None of the above 2. The total expected bonus using the expected value method equals: 2-0 13.200.000 50,000 d 100.000 3. Assume that (2) Corp has limited experience with a construction project on the same scale as the (6) aurat. How should Corp determine the transaction price for this contract a(z) Corp should not recognize revenue at this time because it does not have experience with similar contract and is not able time the cumulative amount of revenue (contract price) 66.000.000 RAM GENG