Carb parts alone are nothing like $125.
The person with the first answer is absolutely correct. Fuel is leaking because the float is not closing correctly in the carb.
Disassemble and clean with Carb Cleaner. Check the float and the pin, but also there is a small "seat" that the pin sits into. If this is not there, your leak will continue.
Replacement cost is about $4.
noelmuldowney@eircom.net, August 2007