Thomas Consultants provided Bran Construction with assistance in implementing various cost$-$savings initiatives. Thomas's contract specifies that it will receive a flat fee of $$52,000$ and an additional $$22,000$ if Bran reaches a prespecified target amount of cost savings. Thomas estimates that there is a $30\%$ chance that Bran will achieve the cost$-$savings target Required: $1.$ Assuming Thomas uses the expected value as its estimate of variable consideration, calculate the transaction price. $2.$ Assuming Thomas uses the most likely value as its estimate of variable consideration, calculate the transaction price. $3.$ Assume Thomas uses the expected value as its estimate of variable consideration $,$ but is very uncertain of that estimate due to lack of experience with similar consulting arrangements $.$ Calculate the transaction price $.$ Transaction Price $58,6001.$ Using expected value $2.$ Using most likely value $3.$ Using expected value but uncertain