Calculate the Point of Total Assumption (PTA) for a FPIF contract given the flowing information:
Ceiling Price = $1,700,000
Target Cost = $1,375,000
Target Price = $1,475,000
Government share of over-target = 75%
Contractor share of over-target = 25%
A) 1,125,000
B) 1,150,000
C) 1,675,000
D) 1,750,000