In 1949,the City of Sherbrooke,Quebec,built a Hospital for About $500 000

In 1949,the city of Sherbrooke,Quebec,built a hospital for about $500 000.In 1987,the city restored its courthouse for about $2.4 million.A price index for nonresidential construction was 14 in 1949,92 in 1987,and 114.5 in 2012.According to these numbers,what approximately did the hospital cost?

A) $3.6 million in 2012 dollars, which is less than the cost of the courthouse restoration in 2012 dollars
B) $3.6 million in 2012 dollars, which is more than the cost of the courthouse restoration in 2012 dollars
C) $4.1 million in 2012 dollars, which is less than the cost of the courthouse restoration in 2012 dollars
D) $4.1 million in 2012 dollars, which is more than the cost of the courthouse restoration in 2012 dollars