For the same residential project, if: - The markup is 8% - The owner retains 10% of all validated progress payment until completion How much money the contractor is expected to receive from the owner at month 3 ? A residential project has the following information: - Four major activities are scheduled across a 4month time span (shown in the below bar chart). - Assuming the monthly indirect cost (i.e., site office costs, telephone, heat, light, and supervisory salaries) is $5,000. - Assuming the direct costs are evenly distributed across the duration of the activity Tin What is the total cost at month 3 ? For the same residential project, if the contracto will receive 14.4% of the contract price as advance payment, how much money the contractor is expected to received from the owner at month 3