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Headland A.G. enters into a contract with a customer to build an apartment building for 1.056,300 The customer hopes to rent apartments at the beginning
Headland A.G. enters into a contract with a customer to build an apartment building for 1.056,300 The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of e136,200tobepaidifthebuildineisreachtor rental beginning August 1, 2023. The bonus is reduced by 45,400 each week that completion is delaved. Headland commonily includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomen Determine the transaction price for this contract. Transaction Price
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