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Law & BusinessContractsmedium23% of exam part

The kitchen remodel progress billing file starts with a $27,800 signed contract and a $2,650 written change order. At 35 percent complete with $3,200 already paid, what additional payment brings billing to the current work value?

Correct Answer

A) $7,457.50.

The adjusted contract is $30,450. Thirty-five percent complete is $10,657.50. After the $3,200 already paid, the additional amount is $7,457.50.

Answer Options
A
$7,457.50.
B
$6,530 amount.
C
$10,657.50 amount.
D
$13,857.50 amount.

Why This Is the Correct Answer

The adjusted contract is $30,450. Thirty-five percent complete is $10,657.50. After the $3,200 already paid, the additional amount is $7,457.50.

Why the Other Options Are Wrong

Option B: $6,530 amount.

$6,530 amount. is below the supported result for progress payment calculation; it likely uses the wrong base, period, or account bucket.

Option C: $10,657.50 amount.

$10,657.50 amount. is above the supported result for progress payment calculation; it likely adds an unsupported amount or compares the wrong financial base.

Option D: $13,857.50 amount.

$13,857.50 amount. is above the supported result for progress payment calculation; it likely adds an unsupported amount or compares the wrong financial base.

Memory Technique

Reviewing Invoice money test: bucket before math for progress payment.

Reference Hint

Study anchor (closed-book): memorize Progress payment calculation from CSLB 2026 Law Book; CSLB Home Improvement Contracts / B&P Code Section 7159 home improvement contract requirements; know the rule or calculation trigger without relying on exam-room lookup.

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