(8 Der Draker Corporation entered into a contract with customer to build a warehouse for $1,900,000 on March 18, 2017 with a performance bonus of $100,000 if the building is completed by July 31, 2017. The bonus is reduced by $20,000 each week that completion is delayed. Draker commonly includes these completion bonuses in its contracts and based on prior experience, estimates the following completion outcomes. Completed by July 31, 2018 August 7, 2017 August 14, 2017 August 21, 2017 Probability 65% 25% 5% 5 Using the expected value method, the transaction price -for this tran lich is (a) $1,370,000 (b) $ 1,990,000 (c) $ 1,900,000 (d) # (305,000