1. You recently received a vendor quote of $200,000 for a 50 m' carbon steel vertical flash tank. However, you now realize that you underestimated the inlet flow rate and actually need a 75 m flash tank. Estimate the cost of the larger flash tank by scaling for capacity (use n-0.3 for vertical tanks). 2. Your company has asked you to estimate the purchase cost of a carbon steel shell and tube heat exchanger, given that the required heat transfer area is 80 m?. During your last position, you purchased a similar heat exchanger in 2006 with a heat transfer area of 130 m for $140,000. Use this information to estimate the cost of the new heat exchanger (use -0.59 for carbon steel shell and tube heat exchangers, assume CEPCI - 500 for 2006). 1. You recently received a vendor quote of $200,000 for a 50 m' carbon steel vertical flash tank. However, you now realize that you underestimated the inlet flow rate and actually need a 75 m flash tank. Estimate the cost of the larger flash tank by scaling for capacity (use n-0.3 for vertical tanks). 2. Your company has asked you to estimate the purchase cost of a carbon steel shell and tube heat exchanger, given that the required heat transfer area is 80 m?. During your last position, you purchased a similar heat exchanger in 2006 with a heat transfer area of 130 m for $140,000. Use this information to estimate the cost of the new heat exchanger (use -0.59 for carbon steel shell and tube heat exchangers, assume CEPCI - 500 for 2006)