A city of Bourbonnais announced a project that would increase the capacity of the current wastewater treatment plant. The capital investment is $2,000,000 at the beginning year and the maintenance cost is $200,000 per year. The project life is 10 years and the project's BC ratio is 2 under 10% social discount rate. Calculate city's estimation of annual public benefit (i.e, benefit in the annual equivalent amount. [Show all factor notations involved in the calculation.] A city of Bourbonnais announced a project that would increase the capacity of the current wastewater treatment plant. The capital investment is $2,000,000 at the beginning year and the maintenance cost is $200,000 per year. The project life is 10 years and the project's BC ratio is 2 under 10% social discount rate. Calculate city's estimation of annual public benefit (i.e, benefit in the annual equivalent amount. [Show all factor notations involved in the calculation.]