1. In order make a profit of 14%, your company has a labor multiplier goal of 3.22. Your break even labor multiplier is 2.82. You are preparing the proposal for a project. The project will be paid in a lump sum. The total number of labor hours on the project is 2,630. The average salary of persons working on the project is $37/hr. What lump sum do you need to charge for the project to achieve the desired 14% profit? Show your work.