From the data shown below, calculate the earned value of each control account as of 5/30/14. Assume all control account work is on schedule except as noted below.

Control Account	Scheduled Start	Scheduled Completion	Budgeted Value	EV Progress Rule
1	3/3/2014	6/30/2014	10,000	Percent Complete with Gates (Note 1)
2	5/5/2014	6/6/2014	3,000	Fixed Formula: 50/50
3	5/26/2014	6/6/2014	1,000	Fixed Formula: 0/100
4	5/12/2014	5/30/2014	2,000	Fixed Formula: 30/70
5	4/14/2014	7/11/2014	15,000	Weighted Milestones (Note 2)

Note (1): Five equally-valued gates have been established in this control account. Two of the five gates are complete as of 5/30/14.The Control Account Manager estimates that half of the work required for the third gate has also been completed.

Note 2: Six milestones have been established in this control account with the following values: (1) milestone 1 20%; milestone 2- 15%; milestone 3 10%; milestone 4 25%; milestone 5 - 15%; milestone 6 15%. Three of the milestones are complete as of 5/30/14.