Monthly payment is made by the owner based on progress The profit rate charged by the contractor is 20% of the construction cost The owner retains 10% of validated progress payment for the first two months and then releases the retainage in the last payment The owner transfers the billed amount minus retainage to the contractor after 30 days The owner pays the contractor $20,000 at the end of month 1 as mobilization payment The contractor pays the bank 1% per month for overdraft at the end of the month lease fill out the table below and answer the following questions: a. What is the remaining overdraft after payment at the end of month 4? b. What is the line of credit required in this project? 1 4 2 100,000 3 60,000 40,000 0 Please show the filled table in work submission. Project Cash Flow Construction Cost Profit (20%) Total billed Retainage withheld (10%) Overdraft at end of the month Interest on overdraft balance (1% per month) Total amount financed Payment received Remaining Overdraft after Payment