2.1 A city plans to upgrade its storm water management infrastructure by installing new pipes. The installation costs 1.3 million dollars and the annual maintenance cost is $17,000. Every 6 years, the system needs to be fully examined which requires a fixed management and material cost of $15,000 and a variable labor cost at the rate of $23/hr. 20 full time (working 8 hours per day) workers will be employed for 60 days for this task. If the infrastructure has a life time of 72 years and the city's interest rate is 6%, (Please round your answer to two decimal places at the million level for both questions, e.g. '1.23 millions) I a. what is the capitalized worth of the project (in millions)? Please note that the value could be negative. b) what is the EUAC of the infrastructure (in million dollars)