That sounds about right... Your most feared problem will be hull blisters under the paint. They can be repaired though. Then a nice coat of paint and you should be good to go. Personally, I like Plasti-Cote paint for bottom painting, but that's just me and opinions on what paint to use are like fleas on a dog.. there will be tons of them. Certainly Interlux is a great choice for a paint. They have a well deserved rep.
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1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer
1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer
1996 V21 w/1993 200HP Mercury on a Shoreline Trailer
All towed by a 5.7L Hemi Durango.
If God didn't have a purpose for us we wouldn't be here, so
Live simply, Love generously, Care deeply, Speak kindly.
(Leave the rest to God) 
Silence, in the face of evil, is itself evil. Not to speak is to speak, not to act is to act. God will not hold us guiltless.
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