A one-mile section of a roadway in Florida has been washed out by heavy rainfall. The county is considering two options for rebuilding the road. Pertinent data are presented below.

This Question: 1 pt 5 of 7 (0 completel $1,000 A one-mile section of a roadway in Florida has been washed out by heavy rainfall. The county is considering two options for rebuilding the road, Pertinent data are presented below Asphalt Concrete Capital Investment $800,000 $1,000,000 Annual maintenance $2,000 Life of roadway 10 years 15 years the county's MARR for this type of project is 7% per year, which replacement option should be chosen? Assume repeatability, Click the icon to view the interest and annuity table for discreto compounding qihen the MARR is 7% per year The equivalent uniform annual cost for the asphalt option is $.(Round to the nearest dollar.) The equivalent uniform annual cost for the concrete option is $(Round to the nearest dollar) Select the option Enter your answer in each of the boxes