My program office has just completed analysis of the latest Contract Performance Report on its Cost Plus Award Fee contract with Cardinal Industries. The following information is available:

Best Case EAC = $321 million

Most Likely EAC = $340 million

Worst Case EAC = $353 million

Total Contract Fee (Base Fee + Award Fee) = $32 million

Which one of the following represents the best estimate of the funding requirements for the Cardinal Industries contract?

$372 million

$353 million

$385 million

$340 million