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The following Gantt chart displays the schedule for a software upgrade project. The system analysis was completed on August 12th, but the system design

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The following Gantt chart displays the schedule for a software upgrade project. The system analysis was completed on August 12th, but the system design and development activities are still in process as of October 3rd. Once the product is developed, the project team will need to test and deploy it, which must be completed by October 17th. The method used to determine the earned value is based on percent complete. What is the cost variance as of October 3rd? Show your work for partial credit.

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