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Walker Corp. enters into a contract with a customer to build an apartment building for $ 9 2 1 , 3 0 0 . The

Walker Corp. enters into a contract with a customer to build an apartment building for $921,300. The customer hopes to rent
apartments at the beginning of the school year and provides a performance bonus of $156,000 to be paid if the building is ready for
rental beginning August 1,2026. The bonus is reduced by $52,000 each week that completion is delayed. Walker commonly includes
these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:
Determine the transaction price for this contract.
Transaction price $
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