Marle Construction enters into a contract with a customer to build a warehouse for P850,000 on March 30, 20x5 with a performance bonus of P50,000 if the building is completed by July 31, 20x5. The bonus is reduced by P10,000 each week that completion is delayed. Marle commonly includes these completions bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by July 31, 20x5, 65% probability; completed by August 7, 20x5, 25% probability; completed by August 14, 20x5, 5% probability and completed by August 21, 20x5, 5% probability. How much is the transaction price for this transaction?a.P850,000b.P552,500c.P895,000d.P585,000