Answer:
Transaction price	$241,400
Transaction price	$245,720
Explanation:
Outcome	Probability	Contract Revenue	Transaction Price
Complete on time	50%	$215,000 + $32,000 = $247,000	$123,500
Complete one week late	30%	$215,000 + $24,000 = $239,000	$71,700
Complete two weeks late	20%	$215,000 + $16,000 = $231,000	$46,200
Transaction price $241,400
2
Outcome	Probability	Contract Revenue	Transaction Price
Complete on time	84%	$215,000 + $32,000 = $247,000	$207,480
Complete one week late	16%	$215,000 + $24,000 = $239,000	$38,240
Transaction price $245,720