Please solve this problem with steps shown. Problem has been solved on Chegg before, BUT the answer cannot be confirmed as correct or incorrect. please confirm

Chapter 10, Problem 28FEPP D Problem Bookmark Show all steps: ON A state government is considering construction of a flood control dike having a life span of 15 years. History indicates that a flood occurs every five years and causes $600,000 in damages, on average. If the state uses a MARR of 12% per year and expects every public-works project to have a B-C ratio of at least 1.0, what is the maximum investment that will be allowed for the dike? Assume that the flood occurs in the middle of each five-year period. (Problem) (a) $1,441,000 (b) $643,000 (c) $843,000 (d) $4,087,000 (e) $1,800,000