That is what they cost if you are getting standard size rings. Since there are not many engines out there that require standard size rings, so the cost is higher since the producer has smaller quantity manufacturing runs. They also make a set that i believe is +.003. Not sure of what the costs are for that. The C-113 engine is a wet sleeve.
Minimally, I would hone the sleeves, then inside mic them if you can. The ridge will also have to be reamed (before you hone), or you will break the new rings the first time you run it.
Ridge ream, hone, mic bores, add rings, then do a valve job on the head. You may also want to consider a set of rod bearings while you are in that far. be sure to mic the rod journals to see how good/bad the crank is.
You do that, and your engine will be close to new. also check the oil pump while you have it apart. If you end up with questions, please feel free to contact me here on the boards.
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