m.m.e.w.o.r.k.n Half pm Of My Energy ' v Wasted Om I Random | Knowledge. Federal grant public basketball court. Construction and maintenance costs Personnel costs Revenue from state residents Revenue from non-residents Use value benefit to state residents Use value benefits to non- residents Scrap value 2.7 10.5 8 10.9 2.5 12 4 2.1 1. 50pts. Complete the following problem: Your state is considering building a Analysts have estimated the present values of the Q following effects over the expected useful life of the court: PV (million dollars) The federal grant is only available for this purpose. In addition, the construction and maintenance will be done half by an in-state rm and half by an out-of-state rm. a. Assuming national-level standing, what are the social net benefits of the project? b. Assuming state-level standing, what are the social net benefits of the project? c. How would a guardian in the county budget office calculate net benefits? d. How would a spender in the county recreation department calculate net benefits? State Basketball Court costs Personnel costs PV Social CBA Social CBA State State (Mil. 5) (national) (state) (guardians) (spenders) # Impact Item 1 Federal grant 2.7 2 Construction and maintenance 10.5 Revenue from state residents Revenue from non-residents Use value benefit to state residents Use value benets to non- residents Scrap value Net Benet (million dollars)