A project estimator is developing a cost estimate for construction of a new diagnostic imaging wing. The projected costs are:

Fixed equipment installation charges $700,000

Site isolation $50,000

Annual utilities $425,000

Construction materials $1,200,000

Portable equipment $900,000

Annual depreciation $275,000

What are the expected contractor expenses?
A) $2,200,000
B) $3,475,000
C) $3,750,000
D) $4,200,000