Carla Corp. enters into a contract with a customer to build an apartment building for $1,040,800. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $161,700 to be paid if the building is ready for rental beginning August 1, 2018. The bonus is reduced by $53,900 each week that completion is delayed. Carla commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:

Completed By	Probability
August 1, 2018	70%
August 8, 2018	20%
August 15, 2018	5%
After August 15, 2018	5%

Determine the transaction price for this contract $___________