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Tamarisk Corp. enters into a contract with a customer to build an apartment building for $ 1 , 1 0 0 , 0 0 0
Tamarisk Corp. enters into a contract with a customer to build an apartment building for $ The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $ to be paid if the building is ready for rental beginning August The bonus is reduced by $ each week that completion is delayed. Tamarisk commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes. August August August After August Determine the transaction price for this contract.
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