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III. Presentation - 1st year -- 8-1 month exhibits Fees & Cost Travel Manager ... $8,000 $4,000 Assistant ... 5,000 3,000 Secretary ... 4,000 3,000 Shipping, crating, erecting and repacking for eight exhibits ... 24,000 Publicity, catalogs (in addition to income from these) ... 10,000 $51,000 $10,000 Fees & Cost $51,000 Travel 10,000 $61,000 Contingency 20% 12,200 Total cost first year $73,200 It could be assumed that second and third year will be less costly, therefore, assume: 1st year - 8 exhibitions ... $73,200 2nd year - 8 exhibitions ... 50,000 3rd year - 8 exhibitions ... 40,000 $163,200 Conclusion Without Contingency With Contingency Planning ... $70,000 $84,000 Production ... 81,000 97,000 1st year ... 61,000 73,200 2nd year ... 40,000 50,000 3rd year ... 30,000 40,000 $282,000 $344,200