Two alternatives have been proposed for a government project. The estimated costs associated with each alternative are given below. Use the modified B-C ratio method, with AW as the equivalent-worth measure, to determine which alternative should be selected at an interest rate of 3% per year. Initial cost, $ $1,250,000 $1,050,000 Annual maintenance, $/yr Annual benefits. $/yr Alternative Alternative Salvage value, $ Project life, years 11 $180,000 $125,000 $550,000 $540,000 $11,000 $9800 28 28