Question $5$

$3$ pts

In one month your costs on a project are $$615,098$ and you are applying for payment. You are marking up $5$ percent for profit. The owner is withholding $11$ percent for retainage from every payment. Calculate the amount you expect to receive from the owner. In the table in our book or in examples this would be the "invoice amount" at the end of the month. Report your answer to the nearest dollar.