3. Compare the following 2 altrernatives using the Benefit/Cost Ratio method in terms of the Net Equivalent Uniform Annual Worth metod. Note: Analysis period must be the same for both alternatives (i.e., 14 yrs) Alt. Construction cost S Benefits S/yr 580,000 610,000 Salvage 100,000 200,00014 Service Life (yrs) 1,450,0005 1,600,000 Solve problem 3 above using the of Benefit/Cost Ratio method in terms of Equivalent Uniform Annual benefits and costs 4