Gapital expenditures buoget. On Jansary 1, 20Y6, the controllec of Omicron Inc. is planning capital expendtures for the years 20Y6-20x9. The following interviews helped the contraller collect the necessary information for the capital expenditures budget: Director of Facilbies: A construction contract was signed in late 20y5 for the construction of a new factory building at a contract cost of s10,000,000. The construction is scheduled to begin in 2066 and be completed in 2019. Vice President or Manufacturing: Once the new factory buiding is finished, we plan to purchase 51.5 milion in equipment in lare 20y7.1 expect that an additional $200,000 will bo heeded early in the following year (20rb) to tost and install the equipmant before we can begin production. If sales continue to grow, I expect we'll need to-invest another 51,000,000 in equipment in 2019. Chier oserating officer: We have really been growing lately. 1 wouldn't be surprised if we need to expand the size of our now tactory building in 20y9 by at feast 35%. Fortunotely, we expect inflation to have minimal impact on construction costs over the next four years. Additionally, I would expect the cost of the expanaion to be proportonal to the size of the expansion. Director of Information Sysitems: We need to upgrede our information systems to wireless network technology. ft doesn' make sense to do this until after the new factory bulding is completed and producing product. During 20ve, once the factory is up and running, we should equip the whole facility with wireless tectinology. I think it would cost us 1800,000 today to install the technology. However, prices have been dropping by 25% per year; so it should be less oxpensive at a fater dare. Chief finanbial officer: I am excted about our long-term prospects. My only short-term concern is managing our cash fow while we expend the 54,000,000 of construetion costs in 206 and $6,000,000 in 20y7 on the portion of the new factory bulding scheduled to be completed in 20g9. Use this interview information to prepare a capital expenditures budget for Omicron Inc. for the years 20Y520