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Question 2: The Condominium Union was planning to build another low-rise 3-oor apartment in North Austin in 2015. Total gross area was estimated to be 32,000 square foot, normal story height, with 100 units. The exterior wall was face brick with concrete block back-up (steel joists). The appliances for each unit include 72\" wide combination range, refrigerator & sink, 16lb gas dryer and 4 cycle washer. a. What is the estimated cost to build the exterior wall and to purchase the appliances of this apartment in North Austin in 2015 (use total weighted averagefor city indexes)? b. This project ends up being delayed for 24 months. Assume that project cost increases by 2.6% per year. What is the estimated project cost in North Austin in 2017? (Use: (1) Apartment (1-3 story) Square Foot National Cost 2015, (2)Assemb]y City Cost Indexes 2015- totalT weighted average for city indexes)