For a proposed bridge project, FDOT has estimated the capital investment, annual O\&M cost, net annual benefit, and salvage value under three different scenarios (optimistic, most likely, and pessimistic). Assume the useful life of the bridge is 50 years and the interest rate is 4%, what is the estimated average B/C ratio of the proposed project? Optimistic Most Likely Pessimistic Capital$9,909,706$11,966,596$14,408,639 AnnualO&M$873,343$984,682$1,206,292 Salvage value $1,600,000$1,500,000$1,400,000 Annual benefit $2,019,025$1,837,710$1,729,612 For a proposed bridge project, FDOT has estimated the capital investment, annual O\&M cost, net annual benefit, and salvage value under three different scenarios (optimistic, most likely, and pessimistic). Assume the useful life of the bridge is 50 years and the interest rate is 4%, what is the estimated average B/C ratio of the proposed project? Optimistic Most Likely Pessimistic Capital$9,909,706$11,966,596$14,408,639 AnnualO&M$873,343$984,682$1,206,292 Salvage value $1,600,000$1,500,000$1,400,000 Annual benefit $2,019,025$1,837,710$1,729,612