Sheena quit her job teaching art at the high school and is now an artist who operates an art studio where she produces and sells art. She earned a salary of $59,000 as a teacher. She took out $100,000 in savings that she had been earning 4% interest on. Her rent for the studio is $20,000, she spends $40,000 on supplies and $11,000 on utilities. What is her total cost (both explicit costs and implicit costs) of being an artist? Enter the dollar value, with no commas