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1. Please calculate the invoice amount, interest, cash status and total profit of the project for which information is given below: The contract duration is
1. Please calculate the invoice amount, interest, cash status and total profit of the project for which information is given below: The contract duration is 6 months. Cost of borrowing money is 2.00% per month. Cut-off date for monthly payments is the 2th of each month. Payment duration is established as 30 days after invoice. Owner will retain 5% of the first 50% of the contract amount. Total contract value (TCV) is $900.000 with 20% markup. Total estimated cost is $750.000. Estimated cost for each month can be found below: o 1st Month: $75.000 o 2nd Month: $150.000 o 3rd Month : $150.000 o4th Month: $150.000 o 5th Month: $150.000 o 6th Month: $75.000 2. Please fill in the table which is given below. 1 2 3 4 5 6 7 8 Month Estimated Cost Invoice Interest Cash status Profit
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