Modine Brass Corp. (MBC) is a wholesaler that sells musical instruments to retailers. On February 1 of the current year, MBC contracts with Pinder Extravaganza, Inc. (PEI) to sell 800 trumpets to PEl with delivery scheduled for the month of February. The contract price is $400 per trumpet. However, the contract includes the possibility of a volume discount if total annual purchases exceed a given amount. These discounts are as follows: E: (Click the icon to view the discount percentage.) (Click the icon for additional information.) Using the expected-value approach, what is the estimate of the consideration amount in this contract? (Enter a "0" for any zero values.) D Consideration Discount percentage Probability estimates Total Annual Discount Amount for the Expected Consideration Sales Percentage 800 Trumpets Probability $ 320,000 % % If Total Sales Equal or Exceed Discount Percentage $ % % 620,000 1,420,000 $620,000 2% These discounts are retroactive-once a volume trigger is met, MBC refunds to PEI amounts on previous purchases. MBC believes that it is 15% likely that it will not contract with PEl again this year. MBC believes the following probability estimates are accurate: Total Sales Probability $ % % $1,420,000 5% $ 3,920,000 % % $3,920,000 6% $ 15% $ 320,000 620,000 1,420,000 45% Print Done $ 22% $ 3.920,000 18%