Johnson's Pic has the following costs related to a new project:Marketing costs already spent: 15,000$15,000$Variable costs associated with the project: 72,500$72,500$Additional fixed costs incurred from project: 35,000$35,000$Fixed costs reallocated to project: 35,500$35,500$Lost contribution from current production if project is undertaken: 10,000$10,000$What is the total RELEVANT cost of the new project?117,500132,500{168,00097,500$117,500132,500\{168,00097,500$