2019 Escape SE - exhaust issues

I'm at 112k miles. Anyone have experience with this code? How accurate is the diagnosis? I get that Boston labor prices are high, but do I really need to replace all this!

P2096 CODE PERTAINING TO BOTH UPSTREAM OXYGEN SENSORS AND DOWNSTREAN OXYGEN SENSORS AND EXHAUST LEAKS AT THE MIDDLE RESONATOR PIPE AS WELL AS THE REAR MUFFLER, * UPSTREAM SENSOR IS 249.99, * DOWNSTREAM IS 146.00, * FIRST RESONATOR IS 196.89 * FRONT GASKET BEIN 14.99. * MIDDLE RESONATOR IS 219.70 * 2 LARGE BAND CLAMPS ARE 69.34 EACH * THE REAR MUFFLER IS 510.98.

THE PARTS AND LABOR TO INSTALL ALL COMPONENT IS 1990.00