Today a proposed community college is estimated to cost $29.9 million, which is $114 per square foot of space multiplied by 262,710 square feet. If construction costs are expected to increase by 19% per year because of high demand for construction labor and materials, how much would a 312,000-square-foot community college cost five years from now? The cost capacity factor is 1.0 312,000-square-foot community college will cost $ nothing five years from now. (Round to the nearest dollar.)