Problem $1(30$ points$)$

Refer to the table and conditions below to develop a complete cash flow chart.

Note that the project will be completed in $7$ months.

Conditions of Cash Flow:

There is a two$-$month time lag in the schedule of monthly payment from the owner to the general contractor.

The owner hold $12\%$ of monthly payment as retention money, but the general contractor cannot hold any retention from subcontract payment.

Retention will be released over two months in equal amount $($one half per month$)$ after the completion of job.

Monthly subcontract cost is $70\%$ of value per month, and no retention will be held by the contractor.

There is a one$-$month time lag in the schedule of monthly payment from the general contractor to the subcontractors.

Fill out the green cells.