Accounting Prepare and submit cost estimate model for the project, using as a prototype the one provided in Figure 7-2, on page 302 from Schwalbe's text. Use as a model for WBS activities the cost estimate spreadsheet from the attached file: MPofPM_Assignment_5_Course Case.xlsx. Assume following parameters: · Labor rate of $100/hour for the Project manager · Labor rate of $60/hour for all other project team members - you may expect some of the project members and the project manager not to be at a full-time position. · None of the work is outsourced and there are no additional labor or material costs · The total estimate should be $200,000. Recreation and Wellness Project Cost Estimate # Units/Hrs. Cost/Unit/Hrs. Subtotals WBS Level 1 Totals % of Total WBS Items 1. Project Management Project manager* Project team members 2. Requirements Definition