You have a contract with a publisher to write a book. The book has three chapters, and the publisher has agreed to pay you $1000 for each chapter. At the end of the second months, you have managed to create the first chapter and half of the second chapter. However, you have spent the $1000 for the first month and $700 for the second month. What are PV, EV, AC and BAC for this project.

You have a contract with a publisher to write a book. The book has three chapters, and the publisher has agreed to pay you $1000 for each chapter. At the end of the second months, you have managed to create the first chapter and half of the second chapter. However, you have spent the $1000 for the first month and $700 for the second month. What are PV, EV, AC and BAC for this project