Flounder AG. enters into a contract with a customer to build an apartment building for 6995,600 . The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of 6145,500 to be paid if the building is ready for rental beginning August 1,2023. The bonus is reduced by 48,500 cach week that completion is delayed. Flounder conmonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Determine the transaction price for this contract. Transaction Price