You are a project manager for the construction of a 16-mile road. The work is uniformly distributed over 12 weeks. The total approved budget for this project is $600,000. At the end of the first 4 weeks of work, $125,000 has been spent and four miles of road have been completed. The Earned Value at the end of week 4 is: a. $125,000 b. $2,400,000 [$600,000 * 4 miles] c. $150,000 [$600,000 * (4 miles/16 miles)] d. $200,000 [$600,000 * (4 weeks/12 weeks)]