Check my work of two alternatives will be selected to reduce flood damage in a rural community in central Arizona. The estimates associated with alternative are available. Use B/C analysis at a discount rate of 10% per year over a 20-year study period to determine which lative should be selected. For analysis purposes only, assume that the benefits of reduced flood damage are available in years 2 d 18 of the study period. Retention Pond Channel Initial Cost. $ 920,000 1,800,000 30,000 Annual Maintenance. $/Year 92,000 Reduced Flood Damage. $ 200,000 650,000 1B/C ratio is iterative that should be selected is the Click to select 2 One of two alternatives will be selected to reduce flood damage in a rural community in central Arizona. The estimates associated with each anternative are available. Use B/C analysis at a discount rate of 10% per year over a 20-year study period to determine which alternative should be selected. For analysis purposes only, assume that the benefits of reduced flood damage are available in years 2. 13, and 18 of the study period. (2 01202 Retention Pond Channel Initial Cost, $ 920,000 Annual Maintenance. $/Year Reduced Flood Damage. $ 92,000 200.000 30,000 650,000 The AB/C ratio is The alternative that should be selected is the IC to select