Question: cost to enter a horse in the melbourne cup

title: Melbourne Cup
text: Entries for the Melbourne Cup usually close during the first week of August . The initial entry fee is $600 per horse . Around 300 to 400 horses are nominated each year , but the final field is limited to 24 starters . Following the allocation of weights , the owner of each horse must on four occasions before the race in November , declare the horse as an acceptor and pay a fee . First acceptance is $960 , second acceptance is $1,450 and third acceptance is $2,420 . The final acceptance fee , on the Saturday prior to the race , is $45,375 . Should a horse be balloted out of the final field , the final declaration fee is refunded . 

Answer: answer: The initial entry fee is $600 per horse. The owner of each horse must on four occasions before the race in November, declare the horse as an acceptor and pay a fee.  First acceptance is $960, second acceptance is $1,450 and third acceptance is $2,420.  The final acceptance fee, on the Saturday prior to the race, is $45,375.