A city is considering the Base option and the Star option for investment in their public works department for which data is given below. What is the difference between the benefit/cost ratios for the two options?

	BASE OPTION	STAR OPTION
Initial cost	$2,300,000	$3,200,000
Life in years	2	3
Salvage value %	10%	8%
Salvage value $	$230,000	$256,000
Inflation rate p. y.	4%	4%
Other costs 1st year	($150,000)	($575,000)
Increase in other costs p. y.	5%	7%
Benefits in 1st year	$2,500,000	$3,000,000
Increase in benefits p. y.	6%	8%
Interest rate p. y.	5.00%

Group of answer choices

0.11

0.20

0.25

0.28