Jefferson County's Board of Representatives is considering the purchase of a site for a new sanitary landfill. The purchase price for the site is $220,000 and preparatory work will cost $62,500. The landfill would be usable for 10 years. The board hired a consultant, who estimated that the new landfill would cost the county $50,000 per year less to operate than the county's current landfill. The current landfill also will last 10 more years. For a landfill project, Jefferson County can borrow money from the federal government at a subsidized rate. The county's hurdle rate is only 8 percent for this project. Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.) Calculate the recovery of investment and return on investment for Jefferson County's landfill project. (Round your answers to the nearest dollar amount. Final answer may be slightly off due to rounding error.) 10 2 3 4 Unrecovered investment at beginning of 282,500 236,200 193,350 153,650 year Cost savings during year 50,000 50,000 50,000 50,000 Return on unrecovered investment 0% 0% 0% 0% Recovery of investment 46,300 X 42,850 X 39,700 X 36,750 X Unrecovered investment at end of year 236,200 $ 193,350 153,650 X 116,900 X *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. Year 5 116,900 50,000 0% 34,050 X 82,850 X 6 7 82,850 51,350 50,000 50,000 0% 0% 31,500 X 29,150 X 51,350 22,200 $ 9 22,200 0 50,000 50,000 4,800 X 25,000 X 22,200 X 0% 0% 50,000 23,150 X 0 X 0 x