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The actual expenditure for the construction of a local highway was 1 3 0 % of the budgeted amount. If the actual expenditure was $

The actual expenditure for the construction of a local highway was

130 %

of the budgeted amount. If the actual expenditure was $

1, 700, 000,

calculate the budgeted amount.

What was the budgeted amount?

Round to the nearest cent

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