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Please read the questions carefully. Please draw the cash How diagrams and explain the steps that you are going to approach to solve the problems

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Please read the questions carefully. Please draw the cash How diagrams and explain the steps that you are going to approach to solve the problems then solve the problem. Show the details in solving the problems. Missing Cash Flow Diagram is deductible points equal to 20% of the total points for each question Ql) I he Parks and Recreation Department of Burkett County estimates that the initial cost of a bare bones" permanent river park will be $2.3 million. Annual upkeep costs are estimated at $ 120,000. Benefits of $340,000 per year and dis-benefits of $40,000 per year have also been identified. Using a discount rate of 6% per year, calculate (a) the conventional B/C ratio and (b) the modified B/C ratio

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