Stephen Izermann is a manager of a team that is reviewing the performance of its current project - building the next generation ice rink. He is presented with the following data: The project should take 8 months and cost $25K per month to complete. The team has been working on the project for 4 months, the project is 40% complete and $110K has been spent. If the current rate of progress continues, how much more will need to be spent to finish the project