Intel's average cost in a given year falls with the quantity that it produces. Inaddition, extra production this year lowers the average cost curve next year. Forexample, in year1, AC=48 if quantity is 20 and AC=30 if quantity is 60. If Intel produces 20 in year 1 and 40 in year2, the average cost in year 2 will be 30. However, for every extra 10 units it produces in year1, its AC for any given quantity in year 2 falls by 5%.

What is the total cost and the average cost over the two years combined if the firm produces 20 in year 1 and 40 in year2?

The total cost(C) is

C=$______ (Enter your response rounded to two decimalplaces.)