Ethnical Problem Uncovered by cost Estimation

Mesa Management company owns and provides management services for several shopping centers.After five years with the company,Mike Moyer was recently promoted to the position of manager of Charlestown, an 18-store mall on the outskirt of a downtown area.When he accepted the assignment,Mike was told that he would hold the position for only a couple of years because charlsestown would likely be torn down to make way for a new new sport stadium. Mike was also told that if he did well in this assignment,he would be in line for heading one of the company's new 200-store operation that were currently in the planning stage.

While review charlsetown financial"s financial record for the past few years,Mike observed that last year's oil consumption was up to 8 percent,even though the number of heating degree days was down by 4 percent. somewhat curious,mike uncovered the following information:

. Charlestown is heated by force-air oil heat. The furnace is five years old and been well maintained.

. Fuel oil is kept in four 5,000-gallon underground oil tanks.The oil were installed 25 years ago

. Replacing that tank would cost $80,000. if pollution was found,cleanup cost could go high as $2,000,000,depending on how much oil had leaked into the ground and how far it had spread.

.Replacing the tank would add more congestion to charlestown's parking situation.

Required

What should Mike do?Explain.