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Jeff Heun, president of Sandhill Always, agrees to construct a concrete cart path at Dakota Golf Club. Sandhill Always enters into a contract with Dakota to construct the path for $202,000. In addition, as part of the contract, a performance bonus of $46,400 will be paid based on the timing of completion. The performance bonus will be paid fu||y if completed by the agreed-upon date. The performance bonus decreases by $11,600 per weekfor every week beyond the agreed-upon completion date. Jeff has been involved in a number of contracts that had performance bonuses as part of the agreement in the past. As a result, he is fairly condent that he will receive a good portion of the performance bonus. Jeff estimates, given the constraints of his schedule related to otherjobs, that there is 50% probability that he will complete the project on time, a 30% probability that he will be 1 week late, and a 20% probability that he will be 2 weeks late. (a) Determine the transaction price that Sandhill Always should compute for this agreement. Transaction Price $ eTextbook and Media Save for Later