3. High Flyers Jump School has two classifications of employees: clerical employees and jump instructors. The workers’ compensation premium rates are $0.45/$100 for clerical employees and $3.75/$100 for jump instructors. During 20XX, the estimated payroll amounts were $104,550 for clerical employees and $215,690 for jump instructors. How much would the estimated workers’ compensation insurance policy cost High Flyers Jump School during 20XX?