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Splish Corp. enters into a contract with a customer to build an apartment building for $ 9 3 0 , 0 0 0 . The

Splish Corp. enters into a contract with a customer to build an apartment building for $930,000. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $151,500 to be paid if the building is ready for rental beginning August 1,2021. The bonus is reduced by $50,500 each week that completion is delayed. Splish commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:
\table[[Completed by,Probability],[August 1,2021,70%
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