A Contractor took on a cost plus (5% fee) contract to excavate 7,000 CY of loose soil for $350,000. The contractor ended up excavating 7,550 CY at a cost of $390,000. Assuming there were no change orders on this project, how much should the owner pay the contractor at the end of the project? A Contractor took on a cost plus (5% fee) contract to excavate 7,000 CY of loose soil for $350,000. The contractor ended up excavating 7,550 CY at a cost of $390,000. Assuming there were no change orders on this project, how much should the owner pay the contractor at the end of the project? $350,000 $361,589 $377,500 $390,000 $409,500