A project includes: excavation $4,200, gunite $12,500, rebar $3,800, plumbing $2,900, electrical $2,200, deck $6,400, finish $3,600, equipment $5,800, and permit fees $850. The contractor applies a 20% overhead and profit margin on the subtotal. What is the total bid amount?
- A$42,250
- B$46,475
- C$50,700
- D$53,400