A builder is constructing a 2,400-square foot house for a lump sum of $500,000. The owner asks the builder to change the carpet floor to hardwood in the main room, so the builder issues a Change Order request for $5,000 on April 1, 2015. The owner approves it on April 5, 2015. The builder requests another Change Order on April 10, 2015 for $2,000 to build a deck, which was never part of the scope of work. The owner rejects it on April 15, 2015. The builder issues a request for a Change Order on April 15, 2015 to increase the price from $505,000 to $525,000, citing an increase in building material costs. The Owner negotiates the increase to $510,000 and issues a Change order on April 27, 2015.

Consider the information that needs to be captured in the Change Order Log. Develop a template, then complete it.