View Policies Current Attempt in Progress Jeff Heun, president of Metlock Always, agrees to construct a concrete cart path at Dakota Golf Club. Metlock Always enters into a contract with Dakota to construct the path for $181.000. In addition, as part of the contract, a performance bonus of $39,600 will be paid based on the timing of completion. The performance bonus will be paid fully if completed by the agreed-upon date. The performance bonus decreases by $9.900 per week for 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 confident that he will receive a good portion of the performance bonus. Jeff estimates, given the constraints of his schedule related to other jobs, that there is 60% probability that he will complete the project on time, a 25% probability that he will be 1 week late, and a 15% probability that he will be 2 weeks late. (a) Determine the transaction price that Metlock Always should compute for this agreement. Transaction Price $ eTextbook and Media Save for Later Attempts: 0 of 10 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.