Question 13 0/1 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Waterway Corp.enters into a contract with a customer to build an apartment building for $1,013,300. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $152,100 to be paid if the building is ready for rental beginning August 1, 2021. The bonus is reduced by $50,700 each week that completion is delayed. Waterway commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Completed by Probability August 1, 2021 70% August 8, 2021 20 5 August 15, 2021 After August 15, 2021 Determine the transaction price for this contract. Transaction Price $