Question: You are assigned as the project manager for a $3,000,000 lump sum contract. Your firm has a profit goal on all projects of 7%, and

You are assigned as the project manager for a $3,000,000 lump sum contract. Your firm has a profit goal on all projects of 7%, and an overhead burden of 13%. This appears to be a risky project to you, so you decide to establish a 15% management reserve. What is the budget you have to work with for planning out all the work packages?

(provide you answer as a whole number, do not include units)

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