Question 1 56 points SaveAwe LO4 (56 marks) - There are three potential locations to construct an urgent walk-in care clinic to serve rural residents. Given the estimates tabulated below, use BIC analysis to determine which location is best at an interest rate of 12% per year. Intel cost Location 1 14,000 Location 2 Location 18,000 22.000 Annual M&O Syear 700 650 500 Annual benefits year 5,000 4.500 6,000 Annual disbenefits, Syear 800 1,400 1,500 Life Years 10 12 15 Useful formula: BVC Ratio B-D ABC Radio - Answer the following questions: 1-Calculate the Initial Annual Cost for Location 1, AW1 2-Calculate the Initial Annual Cost for Location 2. AW2- 3-Calculate the initial Annual Cost for Location 3, AW3 4-Calculate the Total Annual Cost for Location 1, C1- S-Calculate the Total Annual Cost for Location 2, C2- 6-Calculate the Total Annual Cost for Location 3, C3- 7-Calculate the B/C ration for Location 1, B/C1- 8-Calculate the B/C ration for Location 2, B/C2- 9-Calculate the B/C ration for Location 3. B/C3. Based on above results, which Locations should be retained, and which should be eliminated? 10- 11- 12-