Problem 1) Based on the target schedule, budget cost and pay prices shown below, find the value of Net cash flow, First, Second and final payment? Budget costs (S) D(3) 15 15 23 26 (10) (8) G(4) C(10) 14 14 Bid Pay Quantity Price (S/unit) Price S A 8,000 8 2,000 16,000 B 10,000 10 2,000 20,000 C 10,000 50 400 20,000 D 12,000 12 2,000 24,000 E 8,000 LS 8,000 8,000 F 12,000 6 2,000 12,000 G 8,000 0 0 0 Total 68,000 100,000 F(12) Pay period 10 working /day Retention = 10% up to 5 % of contract price. Lump-Sum = pay item is paid when activity is completed. Retention is withheld until the end of the project.