Leo Consulting enters into a contract with Highgate University to restructure Highgate's processes for purchasing goods from suppliers. The contract states that Leo will earn a fixed fee of $$27,000$ and earn an additional $$5,000$ if Highgate achleves $$50,000$ of cost savings. Leo estimates a $65\%$ chance that Highgate will achleve $$50,000$ of cost savings.

Assuming that Leo determines the transaction price as the expected value of expected consideration, what transaction price will Leo estimate for this contract?

Transaction price for the contract