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On October 1, Igor Karkaroff entered into a contract of one-month duration to build a flying ship for Durmstrang, Karkaroff is guaranteed to receive a

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On October 1, Igor Karkaroff entered into a contract of one-month duration to build a flying ship for Durmstrang, Karkaroff is guaranteed to receive a base fee of $4,300 for his services in addition to a bonus depending on when the project is completed. Durmstrang offered to pay an additional 25% of the base fee if the project finished 2 weeks early and 15% If the project finished a week early The probability of finishing 2 weeks early is 20% and the probability of finishing a week early is 40% What is the expected transaction price with variable consideration estimated as the most likely amount? Numeric Response

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