Blitz Corp enters into a contract with a customer to build a warehouse for $600,000 on March 30, 20x1 with a performance bonus of $30,000 if the building is completed by August 31, 20x1

Blitz Corp enters into a contract with a customer to build a warehouse for $600,000 on March 30, 20x1 with a performance bonus of $30,000 if the building is completed by August 31, 20x1. The bonus is reduced by $10,000 each week that completion is delayed, Blitz typically includes these completion bonuses in its contracts and based on prior experience, estimates the following completion outcomes Completed by Probability August 31, 20x1 60% September 7, 20x1 30% September 14, 20x1 10% 1. Assume that Blitz uses the expected value androach. The tramaction price for this transaction ignoring any applicable constraints) is DAY 2. Assume that Blitz uses the most likely amountancoach. The transaction price for this transactions