(NOTE: ENTER YOUR ANSWER WITHOUT THE $, in millions of dollars, ROUNDED TO TWO DECIMAL PLACES, for instance as 5.63, not as $5,634,000) A local utility company is requesting permission to increase the price of electricity, due to its plan to replace its outdated, 50 year old facility with a newly constructed plant. The regulator needs to estimate the cost of constructing the new facility. The plant consists of 4 units, each with its own unique cost structure. A similar facility was constructed in 2006, at a cost of $1.2 million. Below is the percent contribution of each of the 4 units to total cost, as well as the corresponding price index values for 2006, and the current year. What is the estimated cost of constructing the new facility this year? DO NOT ROUND IN YOUR CALCULATION STEPS (USE CALCULATOR MEMORY FUNCTIONS)! Index Cost Index Percent Current Contributor 2006 Year Unit A 48 80 24 12 Unit B Unit C 8 32 65 53 47 76 75 Unit D 56