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Bridgeport Corp. enters into a contract with a customer to build an apartment building for $ 1 , 0 1 3 , 3 0 0

Bridgeport Corp. enters into a contract with a customer to build an apartment building for $1,013,300. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $152,100 to be paid if the building is ready for rental beginning August 1,2021. The bonus is reduced by $50,700 each week that completion is delayed. Bridgeport commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:
\table[[Completed by,,Probability],[August 1,2021,,70%
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