[4] A state ports authority is evaluating Iwo murally exchisive options for improving the river channel leading to a seaport. Investment costs, annual operating costs, and benefits to the users, are shown in the table, along with lifetimes and the MARR. Use a bencfit-cost ratio to make the bost decision regarding project selection. For cach step of the logic indicate any BC ratio values that you use to make decisions. Whenever you calculate a BC ratio, express it to at least three significant digits (eg. 164), 20 MARR 0.04 (PIAN) 13.590 manual entry Investment at Annual Annual PV(4%) of PV(4%) of time 0 user operating annual annual operating benefits costs benefits costs 12,000,000 1,700,000 150,000 23,103,000 2,038,500 9,500,000 1.550.000 210,000 21.064,500 2,853.900