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You have been asked to provide a budgetary quote for a new microbrewery facility. A 80-gal/day installation cost $16 million 8 years ago. A similar

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You have been asked to provide a budgetary quote for a new microbrewery facility. A 80-gal/day installation cost $16 million 8 years ago. A similar design, but 140 gal/day, is planned. The economy of scale exponent m = 0.65; and at the time of the original information the PPI index / = 182. Now the PPI index is 221. Additional sterilization equipment is now required (not required in the past) on this type of equipment and is estimated independently at $1.9 million. Also, 8 years ago you were required to install a secondary spill containment unit that cost $0.25 million but this is not required on the new facility. What is the estimated cost for the 140 gal/day microbrewery? The answer format is XX.X in million dollars without the $ symbol

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