A project yields an annual benefit of $170 per year, starting immediately and continuing forever. This project costs $210 now, $210 one year from now, and $210 two years from now. The interest rate is 6 percent and there is no inflation.

[Please answer the following questions by entering your numeric answers in the spaces provided. If necessary, please round to the nearest dollar. Do not put commas or dollar signs.]

Part 1) What is the present value total benefit of this project? $

Part 2) What is the present value total cost of this project?