Answer Chapter 12 Problem #9 (page 181) - show your work in detail.

_ . .,__- .. -_- _. .__ _-,__- tCt 3 21,000 19,800 31,700 79,800 In 4 6,800 7,600 28,100 46,800 he 5 5,100 7,000 17,900 33,000 Sh 6 4,100 4,100 9,300 19,200 re Total 60,000 58,500 131,500 275,000 )n of 'e- suppliers in full when it receives payment from the owner. ad The construction company pays subcontractors when it of receives payment from the owner but withholds 5% reten 3y tion from the subcontractor's payment. The construction rte company pays for labor weekly. The projected monthly 1e. material, labor, and subcontractor costs, as well as the es amount the construction company will bill the project's owner each month, are shown in Table 12-9. Determine 'le the monthly cash ows and the total cash generated by sh the project at the end of each month and just before each payment is received from the project's owner. What is the maximum amount of cash invested by the company during the completion of the project? 9. A construction company is negotiating on a construction project with a sixmonth duration. On the last day of each n- month the construction company may bill the owner for the work completed during the month. The owner pays 1y the monthly bills 15 days after they are received. The n owner also holds 10% retention. Final payment is expect ed one month after completion of the project and includes payment of the retention. The construction company pays 'Ja materlal supphers in full when 1trece1ves payment from the owner. The construction company pays subcontractors when it receives payment from the owner but withholds n- 10% from the subcontractor's payment. The construction company pays for labor weekly. The projected monthly he material, labor, and subcontractor costs are shown in Ta ble 12-10. Determine the monthly cash ows and the total Table 12-10 Data for Problem 9 f\\ Costs Month Materials ($) Labor ($) Sub. ($) Bill to Owner ($) 1 33,700 25,300 35,600 101,200 3\" 2 54,100 42,400 125,200 237,200 ,3 3 69,600 77,900 93,600 258,000 :1: 4 17,200 17,900 105,700 150,700 n_ 5 14,700 21,900 60,400 103,800 He 6 11,600 12,700 35,600 64,100 m Total 200,900 198,100 456,100 915,000 lal