You have a project to be completed in 6 months. At the third month, project team members report that it is 45% complete. The planned budgeted cost at the third month was $250,000. You have spent $232,000 of the project's $500,000 budget. What is the PV, AC, BAC, EV, CV, CPI, SV, SPI, ETC and EAC at the day of reporting the project status? 

Comment on the results and explain briefly what the value of each item means for the project.

( PV: Planned Value;  AC: Actual Cost; BAC: Budget At Completion; EV: Earned Value; CV: Cost Variance; SV: Schedule Variance; CPI: Cost Performance Index; SPI: Schedule Performance Index; ETC: Estimate To Completion; EAC: Estimate At Completion )