Questions 4-6 refer to the following data.

In 2004, 1/2 of University F’s new construction expenditures, 1/4 of its facility maintenance expenditures, and 3/5 of both the athletics and admissions/scholarships expenditures went towards the construction of a new gymnasium. Approximately how many millions of dollars did University F spend on the new gymnasium in 2004?

1. $13 million
2. $18 million
3. $20 million
4. $24 million
5. $30 million

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INCOME AND EXPENDITURES AT UNIVERSITY F IN 2004 New Construction 5.8% Tuition 48.4% Local Government 22.6% Athletics 6.1% Total $120 million Fundraising 4% Federal Gov't 12.7% Corporations 3,3% Alumni 2.9% Employees/Faculty 24.3% Athletics 9.5% Admissions/ Scholarships 9.8% Note: Drawn to scale. Engineering 6.8% Business 8.1% Fine Arts 4.6% Sciences 63% Humanities 5.7% Facility Maintenance 19.1% Total $120 million