A state ports authority is evaluating two mutually exclusive options for improving the river channel leading to a seaport.Investment costs, annual operating costs, and benefits to the users, are shown in the table, along with lifetimes and the MARR.Use a benefit-cost ratio to make the best decision regarding project selection. For each step of the logic indicate any BC ratio values that you use to make decisions.

Whenever you calculate a BC ratio, express it to at least three significant digits (e.g., 1.64).