From the data shown below, calculate the earned value of each control account as of 7/30/14. Assume all control account work is on schedule except as noted below.

Control Account	Scheduled Start	Scheduled Completion	Budgeted Value	EV Progress Rule
1	5/3/2014	8/30/2014	12,000	Percent Complete with Gates (Note 1)
2	7/5/2014	8/6/2014	5,000	Fixed Formula: 50/50
3	7/26/2014	8/6/2014	3,000	Fixed Formula: 0/100
4	7/12/2014	7/30/2014	5,000	Fixed Formula: 30/70
5	6/14/2014	9/11/2014	17,000	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 7/30/14.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 7/30/14.