An engineer with Phillips Petroleum has learned that an expansion of the solid- fluid process plant is expected to have a delivered equipment cost of $1.55 million. If a specific overall cost factor...

An engineer with Phillips Petroleum has learned that an expansion of the solid-  fluid process plant is expected to have a delivered equipment cost of $1.55 million. If a specific overall cost factor for this type of plant is not known now, make a preliminary estimate of the plant’s total cost.