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Wildhorse A G. enters into a contract with a customer to build an apartment building for 1,1,046,900. The customer hopes to rent apartments at the
Wildhorse A G. enters into a contract with a customer to build an apartment building for 1,1,046,900. The customer hopes to rent apartments at the beginning of the schoolyear and provides a performance bonus of 148,500 to be paid if the building Is ready for rental beginning August 1, 2023. The bonus is reduced by 649,500 eachweek that completion is delayed. Wildhorse commonly includes these completion bonuses in its contracts and, based on prior experience; estimates the following completion outcomes: Determine the transactlon prise for this contract
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