Without using excel, answer the question: A municipal waste treatment plant with state of the art environmental technology and control is being installed by Forsythe county. The initial installations cost $10 million. Minor repairs and renovations are required after 6 years at a cost of $3 million; major repair, replacement and renovations are required 4 years after the minor repairs and renovations at a cost of $6 million. The 10 year cycle of minor and majorrepairs/replacements/renovations repairs indefinitely. Annual operating and maintenance (O&M) cost the first year is $1 million; during the 6-year period, O&M cost increases at a rate of 4% per year. Annual O&M cost the first year following minor repairs/renovations is $1.5 Million; during the 4 year Paris, O&M cost increased at a rate of $100,000 per year. The 10 year O&M cost cycles repeat indefinitely. Based on a 4% MARR, what is capitalized cost for the waste treatment plan?