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Otter Brass Corp. (OBC) is a wholesaler that sells musical instruments to retailers. On February 1 of the current year, O contracts with Xentec Extravaganza,

image text in transcribed Otter Brass Corp. (OBC) is a wholesaler that sells musical instruments to retailers. On February 1 of the current year, O contracts with Xentec Extravaganza, Inc. (XEI) to sell 2,200 trumpets to X with delivery scheduled for the month of February. The contract price is $1,100 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: (Click the icon to view the discount percentage.) (Click the icon to view additional information.) Using the most-likely-amount approach, what is the estimate of the consideration amount in this contract? Probability Estimates The estimate of consideration amount in the contract is

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