A cost-plus-incentive-fee contract has the following characteristics: Sharing ratio: 80/20 Target cost: $100,000 Target fee: $12,000 Maximum

Question:

A cost-plus-incentive-fee contract has the following characteristics:
Sharing ratio: 80/20
Target cost: $100,000
Target fee: $12,000
Maximum fee: $14,000
Minimum fee: $9,000
How much will the contractor be reimbursed if the cost of performing the work is $95,000?
A. $98,000
B. $100,000
C. $108,000
D. $114,000