On April 1st. Bob the Bulder entered into a contract of one-month duration to bulld a barn for Nolan. Bob is guaranteed to recelve a base fee of $5,700 for is services in addition to a bonus depending on when the project is completed. Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the barn. Nolan offered to pay an additional 20% of the base fee if the project finished 2 weeks early and 20% it the project finished a woek carly. The probability of finishing 2 weeks early is 20% and the probability of finishing o week early is 60% What is the expected transaction price if Bob estimates varlable consideration as the most likely amount? Mutiple Choice $7620 55,700 $5,415 $6.840