10 During a major expansion in 2004, Douwalla's Import Company developed a new processing line for which the delivered equipment cost was $1.6 million. This year, the board of directors decided to expand into new markets and expects to build the current version of the same line. Estimate the cost if the following factors are applicable: construction cost factor is 0.20, installation cost factor is 0.50, indirect cost factor applied against equipment is 0.29, and the total plant cost index has risen from 2509 to 3775 over the years. 10 points The cost of a new processing line is $ million. Skipped neck 9 A chemical engineer at Western Refining estimated the total cost for a diesel fuel desulfurization system at $2 million. If the direct cost factor is 1.45 and the indirect cost factor is 1.34, what is the total equipment cost? Both factors apply to delivered equipment cost. The total equipment cost is $ 10 points