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For FY 2020, the cost of fire insurance for a company with similar attributes is $100,000 per year. The contractor's cost to administer the insurance

For FY 2020, the cost of fire insurance for a company with similar attributes is $100,000 per year. The contractor's cost to administer the insurance is $3,000. According to Cost Accounting Standard (CAS 416), what is the self-insurance charge for FY 2020? $103,000 $3,000 $100,000 $97,000

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