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View Policies Current Attempt in Progress Ayayal Corp, enters into a contract with a customer to build an apartment building for $963,500. The customer hopes

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View Policies Current Attempt in Progress Ayayal Corp, enters into a contract with a customer to build an apartment building for $963,500. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $164.100 to be paid if the building is ready for rental beginning August 1, 2018. The bonus is reduced by $54,700 each week that completion is delayed. Ayayal commonly includes these completion bonuses in its contracts and based on prior experience, estimates the following completion outcomes: Completed by Probability August 1. 2018 70% August 8, 2018 20 August 15, 2018 6 After August 15, 2018 4 Determine the transaction price for this contract

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