Sunland Construction enters into a contract with a customer to build a warehouse for $890000 on March 30, 2021 with a performance bonus of $60000 if the building is completed by July 31, 2021. The bonus is reduced by $12000 each week that completion is delayed. Sunland commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:

Completed by	Probability
July 31, 2021	60%
August 7, 2021	30%
August 14, 2021	5%
August 21, 2021	5%

The transaction price for this transaction is

$890000

$587400

$575400

$943400