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Sandhill Corp.enters into a contract with a customer to build an apartment building for $1.045,500. The customer hopes to rent apartments at the beginning of

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Sandhill Corp.enters into a contract with a customer to build an apartment building for $1.045,500. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $139.800 to be paid if the building is ready for rental beginning August 1, 2021. The bonus is reduced by $46.600 each week that completion is delayed Sandhill commonly includes these completion bonuses in its contracts and based on prior experience, estimates the following completion outcomes Completed by Probability August 1.2021 August 8, 2021 20 August 15, 2021 After August 15, 2021 Determine the transaction price for this contract. Transaction Price $

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