A. It will be a lot less than that, and likely a lot closer to ZERO than that.
B. Since scambo threw out that number, I thought he'd be willing to back it up with some dinero. Apparently, not.
C. Personal opinion - the TWA guys were on a seriously sinking ship, and threw away all protections to get whatever they could get. Then, after they got it, started complaining as pilots are so prone to do. Reference USAir - East.