In $2015$ and $2016$ the City observed a higher than expected rate of car accidents involving City owned or leased vehicles. The annual approved budget is $$700,000$ per year. The cause of the higher rate of the accidents is most likely associated with the extensive street repairs that will continue throughout $2020.$ The Vehicle Repair Project budget for $2015$ vehicle repairs was exceeded by $10\%$ and the budget for $2016$ was exceeded by $20\%.$

If the budget doesn't change, but the actual cost of the Vehicle Repair Project continues to escalate, what will the repair cost be in $2019?$

$$ $$1,820,000$

$$1,050,000$

$$2,522,250$

$$ $$1,120,000$