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Hi, I have been having trouble with this question. Can you prove a step by step explanation? Thanks. The state is evaluating the following alternatives

Hi, I have been having trouble with this question. Can you prove a step by step explanation? Thanks.

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The state is evaluating the following alternatives for a court mandated upgrade of the corrections facilities. The state's interest rate is 10% and the life of the prison is 60 years. Recommend the best alternative based on an evaluation of B/C ratios. The alternatives are for far (F), middle (M), and near (N). Prison First Cost ($M) Operating Cost ($K/yr) Law Enforcement Travel ($K/yr) Visitor Travel Time ($K/yr) 12 600 500 200 15 700 200 75 17 750 50 20

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