Rons Construction has a contract for $100,00.00. There is a 10% retainage in the contract with the owner. $80,000.00 of the project is under subcontract and the subcontractor has agreed to a 5% retainage. How much will be paid to the subcontractor prior to the retainage?

Rons Construction has a contract for $100,00.00. There is a 10% retainage in the contract with the owner. $80,000.00 of the project is under subcontract and the subcontractor has agreed to a 5% retainage. How much will be paid to the subcontractor prior to the retainage?