Your program has an RDT&E-funded project scheduled to start in July 2005 which is expected to take 12 months to complete. The project is expected to cost a total of $12 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month. The services to be provided under this project are severable. Which two of the following are appropriate budget requests for this project? (There are TWO correct answers here.)
$3 million for FY04 and $9 million for FY05
$12 million for FY04 and $0 million for FY05
$12 million for FY05 and $0 million for FY06
$3 million for FY05 and $9 million for FY06