A local government is considering promoting tourism in the city. It will cost $8,000 to develop a plan. The anticipated annual benefits and costs are as follows: Annual benefits: Increased local income and tax collections $125,000 Annual support service: Parking lot expansion, rest room, $50,000 patrol car, and street repair If the city government uses a discount rate of 8% and a study period of five years, is this tourism project justifiable according to the benefil-cost analysis