Victor, a project manager, is constructing a budget for a project to construct a house. His estimated time for completion is 60 days. He estimates that the materials will cost $80,000and the project will require 13 people working 4 hours a day to ensure timely completion. He estimates the cost of labor at $13 per hour. Additional costs, safety equipment, and overheads are marked at a rate of 30 percent of direct labor. In this scenario, the total cost of the project will be _____