Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment cost) of exist110,000. Annual maintenance expenses are expected to be exist6, 600 for the first 25 years and exist8,000 for each year thereafter. The lighting will be needed for an indefinitely long period of time. With an interest rate of 12% per year, what is the capitalized cost of this project? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. Choose the closest answer below. A. The capitalized cost of the project is exist161, 765. B. The capitalized cost of the project is exist113, 922. C. The capitalized cost of the project is exist224, 510. D. The capitalized cost of the project is exist165, 686