1992 Ford Taurus Labor Costs

1992 Ford Taurus 4 cyl Automatic 186000 miles

Last year I bought a 1992 Ford Taurus. Around November/December, I was on my way to work and, noticed a little smoke coming from under the hood. I only work two blocks from my house so, when I got home that night, I just completely stopped driving it. The smoke had no odor so I had it towed by my insurance company to an Auto Repair shop. They checked it out and found that there was a leak between my water pump and the gasket. So they told me I needed a new water pump. He said it cost $178.00 for the parts and $288.00 for labor. Do you feel this is a correct estimate of both parts and labor. I don't know much about cars but it just seems high to me.