You are a contractor for a client. Listed as "Cost" below you find your projected cost expenditures for this project. Using the assumptions listed below, calculate the Total Cumulative Cash Flow. develop a table and submit the table as a separate.Then copy the required values (i.e. the ones highlighted with bold font) into the input fields in the table below.You need to do both!! Also: You may round your dollar values to full dollars. (Enter dollar values without a $; but don't forget to include the - sign, if you enter a negative value for the Total Cumulative Cash Flow. Do not enter - signs for the other cash outs! A negative "cash out" would be a cash in. ;-) ) The table below shows the suggested structure for your cash flow calculation. Assumptions:

1. Your mark-up is 12% of the cost.
2. Payments are billed to the client at the end of the month and received 2 month(s) later.
3. Costs are paid for in the month they incur.
4. For each month, the client retains 10% of the billed amount (i.e. the Total Worth). 70% of these retentions are then paid back by the owner at the end of the project (i.e. in month 5). The remaining 30% of the retention are paid back by the owner in month 6.
5. A finance charge applies to all negative captims. The monthly interest rate is 1.2%. Finance charges are billed for at the end of the month (and should there be recorded as positive values in the cash flow, i.e. the last row). The charges will be paid for in the month after they incur (i.e. after they were billed). Finance charges will not be billed back to the client.

Month	1	2	3	4	5	6
Cost	64000	29900	26400	11500	(0)	(0)
Mark-up (12%)
Total Worth (Monthly value billed to the client)
Retention (10%)
Monthly Cash In
Cumulative Cash In
Monthly Cash Out
Cumulative Cash Out
Total Cumulative Cash Flow
Finance charge bill (1.2%)