{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-07T21:03:24-04:00", "answer_date": "2024-06-07 21:03:24", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2439910", "url": "\/study-help\/questions\/blossom-corp-designs-and-builds-custom-harvesting-equipment-for-logging-2439910", "question_creation_date_js": "2024-06-07T21:03:24-04:00", "question_creation_date": "Jun 07, 2024 09:03 PM", "meta_title": "[Solved] Blossom Corp. designs and builds custom h | SolutionInn", "meta_description": "Answer of - Blossom Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which i | SolutionInn", "meta_keywords": "blossom,corp,designs,builds,custom,harvesting,equipment,logging,companies,canada,company,publicly", "question_title_h1": "Blossom Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which is publicly traded, has a May 3 1 year", "question_title": "Blossom Corp. designs and builds custom harvesting equipment for logging companies across", "question_title_for_js_snippet": "Blossom Corp designs and builds custom harvesting equipment for logging companies across Canada The company, which is publicly traded, has a May 3 1 year end On February 1 8 , 2 0 2 4 , Blossom signed a contract with Bridgeport Harvesting Ltd to design and build 2 5 custom harvesters that can harvest wood at the steep grades found along many of the Pacific Coast timber stands included in Bridgeport's harvesting leases The following events took place in 2 0 2 4 in relation to the contract February 1 8 Officials from Blossom and Bridgeport sign the contract The contract was for $ 7 4 million Blossom is to design, manufacture, and deliver the 2 5 machines to Bridgeport's operations centre in Duncan, British Columbia Blossom's management estimates that the design component of the contract would be valued at $ 5 7 1 , 0 0 0 if contracted for separately, while the machine construction component of the contract would be valued at $ 7 3 million if the machines were purchased separately Blossom agrees to provide a three year assurance type warranty for the machines, and the company's management estimates that the warranty claims would total $ 2 9 7 , 0 0 0 based on past experience Bridgeport agrees to pay a $ 1 , 6 1 0 , 0 0 0 deposit within 1 0 days of signing the contract and to pay the balance within 1 5 days of the equipment being delivered February 2 5 Bridgeport pays the deposit specified in the contract March 2 8 Blossom's engineering staff complete the equipment design and it is approved by officials from Bridgeport May 1 8 Blossom completes construction of the 2 5 harvesters May 2 0 The 2 5 harvesters are loaded onto Blossom's trucks and are delivered to Bridgeport's operation centre in Duncan later that day June 2 Bridgeport pays the balance owing on the contract ", "question_description": "