3. An architect-engineering firm is planning a parking lot to accommodate 1,000 vehicles. Each parking space will

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3. An architect-engineering firm is planning a parking lot to accommodate 1,000 vehicles. Each parking space will be 9 feet×16 feet. It has been estimated that the space required for aisles will be 80% of the space required for parking. A local paving company charges $12 per square foot for paving and a flat fee of $20,000 for marking and painting the individual parking spaces. Based on this information, what is the estimated cost of paving and marking this parking lot? (3.3.3)

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