Scobie Brass Corp. (S) is a wholesaler that sells musical instruments to retailers. On February 1 of the current year, S contracts with Adele Extravaganza, Inc. (A) to sell 1,000 trumpets to A with delivery scheduled for the month of February. The contract price is $500 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.) The estimate of consideration amount in the contract is $ Discount Percentage mount If Total Sales Equal or Exceed Discount Percentage $800,000 2% $1,600,000 4% $4,100,000 9% Print Done - These discounts are retroactive-once a volume trigger is met, S refunds to A amon on previous purchases. S believes that it is 16% likely that it will not contract with A. this year. S believes the following probability estimates are accurate: (Click the icon to view the probability estimates.) Using the most-likely-amount approach, what is the estimate of the consideration am in this contract? Probability Estimates Total Sales Probability $ 500,000 16% S 800,000 48% $ 1,600,000 20% 4,100,000 16% Print Done - - X