Table Q$3$ General Cost for the construction of Project X

General Cost of Project X Cost

Capital for initiation $$100$

Construction cost of booth $$200$

Annual operation & maintenance cost of booth $$50$

Added yearly tourism benefit $$400$

Yearly marketing $$500$

Convenience annual benefit $$500$

One$-$time relocation expenditure $$100$

Yearly destruction to the environment $$100$

Annual rental expenditure $$100$

Annual earnings from taxation of customer $$500$

Annual events gains $$500$

One$-$time sanitation and irrigation setup cost $$1,000$

a$.$ Evaluate the feasibility of the Project X based on the information noted in Table Q$3$ at

i$=10\%$ for $10$ years in utilizing the BC$-$ratio approach based on the following

considerations:

i$.$ In considering the benefit only

$(6$ marks$)$

ii$.$ In considering both the benefit and disbenefit

$(7$ marks$)$