10. (15 pts) The Oklahoma Department of Transportation is considering extending the Cimarron Turnpike to bypass Enid. The extension would begin at I-35 and conclude west of Enid, OK, a distance of approximately 30 miles. Each mile of roadway costs $1.5M. Other costs include $1M for the toll booth, $100,000 per year for routine maintenance and S5M every ten years for resurfacing. If ODOT uses a MARR of 8%/yr/yr and a planning horizon that is essentially infinite, what is the capitalized cost of the extension