103. The following is the data for a CPIF project you are managing:

Target cost is $ 100,000;
Actual cost is $ 80,000
Target fee is $ 20,000;
Maximum fee is $ 25,000;
Sharing ratio is 60:40.

What should be the final price of the contract?

 
 
  Choice 1  $ 100,000 
 
  Choice 2  $ 108,000 
 
  Choice 3  $ 105,000 
 
  Choice 4  $ 92,000 
 

Thank you all.