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6. Koehn & Joy Corporation (KJC) was awarded a four-year contract for $4,000,000 to design prototype learning management systems. The annual fixed fee (profit) allowed

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6. Koehn \& Joy Corporation (KJC) was awarded a four-year contract for $4,000,000 to design prototype learning management systems. The annual fixed fee (profit) allowed for the contract was $200,000. For 2021, KJC incurred the following costs associated with the contract - What is the total cost of the contract for 2021 including the profit for the year? (Show your work below (4 points) and 6. Select the correct answer (1 point)). a. $379,400 b. $579,400 c. $551,000 d. $1,000,000 e. $1,200,000

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