You are the project manager on a project that has $$800,000$ software development effort. There are two teams of programmers that will work for six month for a total of $10,000$ hours. According to the project schedule your team should be done with $38\%$ of the work. As of today, the project is $40\%$ complete while $50\%$ budget has been used. WHAT IS THE EARNED VALUE $($EV$)?$

$320,000$

$300,000$

$220,000$

$400,000$