A local municipality is considering investing $270,000 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 7-year period as shown in the cash flow profile given below (in thousands of dollars). Notice, an intermediate investment of $180,000 is anticipated in the 6th year of the investment Based on a MARR of 6%, calculate the benefit-cost ratio of the investment Round answer to two decimal places. (All values in thousand dollars) End-of Year Costs Benefits Net Cash Flow 0 $270 $270 1 $90 $135 45 2 $90 $135 $45 $90 $135 $45 4 $90 $135 $45 5 $90 5135 $45 6 $270 $ 135 $135 590 5135 SAS