A local municipality is considering investing $220,000 to upgrade a park. Based on similar investments made by similar cities, it is anticipated the investment will result in annual costs and annual benefits over a 15-year period as shown in the cash flow profile given below in thousands of dollars. Notice, an intermediate investment of $140,000 is anticipated in the 6th year of the investment. Based on a MARR of 5%, calculate the benefit-cost ratio of the investment. Round answer to two decimal places. End-of Year 0 1 >WN 3 4 5 19 7 8 9 10 11 12 (All values in thousand dollars) Costs $220 $70 $70 $70 $70 $70 $210 $70 $70 $70 $70 $70 $70 Benefits $120 $130 $140 $150 $160 $170 $160 $150 $140 $130 $120 $110 Net Cash Flow -$220 $50 $60 $70 $80 $90 -$40 $90 $80 $70 $60 $50 $40 3 4 5 6 7 8 9 10 11 12 13 14 15 $70 $70 $70 $210 $70 $70 $70 $70 $70 $70 $70 $70 $70 $140 $150 $160 $170 $160 $150 $140 $130 $120 $110 $100 $90 $80 $70 $80 $90 -$40 $90 $80 $70 $60 $50 $40 $30 $20 $10