The cumulative valuation of work to date for Interim Certificate No. 4 is MUR 15,000,000. Retention is 5% (no limit has yet been reached), advance payment recovered to date totals MUR 1,000,000, and the total net amount certified in previous certificates is MUR 8,000,000. What is the net amount due on this certificate?
- AMUR 6,250,000
- BMUR 6,000,000
- CMUR 7,000,000
- DMUR 5,250,000