Muralidharan on May 21, 2023, sent a memo to his boss, the director of project management, stating that the Kunnamangalam project would require 13 weeks for completion according to the figure below. Muralidharan realized that the customer wanted the job completed in less time. After discussions with the functional managers, Muralidharan developed the table shown below:

Total Direct Normal Costs - $63,000 Time unit =1 Week According to the contract, there is a penalty payment of $6,500 per week for every week over six. What is the minimum amount of additional funding that Muralidharan should request? [12]