Here's the situation you find yourself in with a project: You have a project to build 10 oil derricks in the Eagle Ford shale oil field. The total budgeted cost is $500,000. You have spent $200,000 to complete three derricks. What is the earned value of the work performed? O 1) $300.000 ( 2) $250,000 3) $200,000 ( 4) $150,000 5) $100,000 590