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Connor Company is planning to start a project to build a new warehouse. To build the warehouse, Connor Company estimates that in 20x8 labor costs will be $1,000,000, material costs will be $300,000, legal costs will be $400,000, architectural/engineering costs will be $800,000, and a charge for corporate administrative costs will be $200,000. If Connor uses the project budgeting system, what will be the total costs included in that budget? $1,200,000 $2,700,000 $1,300,000 $2,500,000