Gorrells and Sunn builds high-quality homes ranging in price from $274,000 to $1,090,000. John Ellis, a local physician, has asked Gorrells and Sunn to show him some house plans. Dr. Ellis has selected a plan that calls for $320,000 in building materials,$204,000 in labor, and $42,000 in add-ons, but he doesnt want to pay more than $581,000 for his home. Gorrells and Sunn typically prices its homes based on the total cost of construction plus 16%.

What price would Gorrells and Sunn normally quote for this house plan?