You organize an 8-hour training for 4 hourly, local employees. The training is led by the manager who earns a salary of \( \$ 48,000 \), and by an assistant manager who earns \( \$ 36,000 \). Materials cost is \( \$ 40 / \) person and food is \( \$ 22 \) / person. If the hourly employees make \( \$ 14 \) / hour, what is the cost of this training event?
\begin{tabular}{|l|l|}
\hline\( \$ 1,170 \) & \( \$ 2,570 \) \\
\hline\( \$ 1,046 \) & \( \$ 1,090 \) \\
\hline
\end{tabular}