Black belt fees for 12 yr old

My son is 12 and has been actively practicing taek Kwon do since he has been 4. He currently has a red belt and his teacher feels he is prepared for the black belt test at the fee of $1000 which seems to be outrageous. After looking up the topic I see most answers are I. Agreement and some even say a 12 year old should not be taking a black belt test
What would the appropriate fee be in NYC ?
What should the test include ?
How many levels of black belt are there to follow at what cost ?

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