. A construction company is considering which of two big ticket projects to undertake. Only one can be chosen. The estimated cash flow is shown below. Pipeline Project (Republic of Maldives) Pipeline Project (Tuvalu) 30 10 5 2 First Cost, $ (in million) Annual Cost, $ per year (in million) Annual Income, $ per year (in million) Salvage value, P (in million) 14 7.1 Life, years 4 4 5.1 Which project should you recommend? State your assumptions, if any. Show your complete solution. 5.2 What measure of economic worth did you use and why? 5.3 What other non-economic factors would you consider in your decision-making