Noted for his flamboyant ties and his outspoken opinions, billy is no ordinary vice president within the gigantic mulray corporation. top management has identified him as one of the rising stars, and he has an enormously loyal following among the company’s youngest and most energetic executives. everyone, it seems, wants to be around billy, who possesses a great deal of power within the organization

Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)