As part of the rehabilitation of the downtown area of a southern U.S. city, the Parks and Recreation Department expects to develop the space below several over passes into basketball, handball, miniature golf, and tennis courts. The estimates are initial cost of $193,000; life of 20 years and, annual M&O costs of$18,000. The department expects 16,000 people per year to use the facilities an average of 2 hours each. The value of the recreation has been conservatively set at $1 per hour. At a discount rate of 9% per year, what is the B/C ratio for the project