An estimator prepared the following budget for a pipeline project that was 11,400 feet long with 5,300 linear feet of 8-inch diameter pipe and 6,100 linear feet of 6-inch diameter

pipe: The installed cost of 8-inch pipe is $9 per linear foot. The installed cost of 6-inch pipe is $7.50 per linear foot. Mobilization costs are $10,000. A combined overhead and profit of 25% What should total bid amount be? (e.g. total price that will be submitted to the Owner) *$93,450 *$103,450 *$116,813 *$124,600 *$129,313 *$137,933 *Don't Know (not enough information)