A small textile plant was constructed in 1998. The major equipment, costs, and factors are shown below. Estimate the cost to build a new plant in 2010 if the index for this type of equipment has increased at an average rate of 10% per year for the past 12 years Equipment Reference Size Reference Cost Cost- Capacity Factor New Design Size Finishing machine 170 yd/min $925.000 0.95 190 yd/min Jet dyer 190 yd/min $1,150,000 0.86 420 yd/min Steam dyer 100 yd/min $750,000 0.8 190 yd/min Choose the correct answer below. A. Estimated cost for a new plant is $14,299,703. B. Estimated cost for a new plant is $11,916.419 O C. Estimated cost for a new plant is $26,862, 151 O D. Estimated cost for a new plant is $1,451,786