A government entity is considering constructing a convention center that they will rent out as a means of generating revenue for the city. The city does not own the land and thus will have to purchase it for $200,000. The cost of constructing the convention center is $1.5 million. Each year the costs associated with operating the facility are $120,000. The income the city expects to receive the first year is $50,000, increasing by $10,000 each year for the 20-year expected life of the facility. Determine the B/C Ratio if the city uses a cost of money of 4%. Should the project advance forward or not? Develop a cash flow diagram first and then use the Present Worth method to calculate the B/C Ratio.