DISCUSSION
Siemens Industries, Inc. has completed the improvements in accordance with the plans, specifications and other contract documents. The following is a financial statement for the final payment:
Original Contract Price $2,846,439.00
Change Orders $0
Total $2,846,439.00
Value of work Completed $2,846, 439.00
Less Retention ($142,321.95)
Total less retention $2,704,117.05
Previous Payments $2,704,117.05
Amount Due/Final Payment $142,321.95
Total Project Value to Date $2,846,439.00