A general contractor has a contract to construct the water line for a new subdivision. The original estimate for the water line was $198,000 and no changes have been made to the budget. The water line has been installed by the general contractor itself and the costs to date for the water line are $103,000 and it is estimated that it will take another $23,000 to complete the water line.

What is the total committed cost of the water line for the general contractor?