The U.S. Bureau of Reclamation is considering a project to extend irrigation canals into a desert area. The initial cost of the project is expected to be $1.5 million, with annual maintenance costs of $25,000 per year. If agricultural revenue (benefit) is expected to be $175,000 per year, do a B/C analysis to determine the B/C ratio and whether the project should be undertaken, using a 20-year study period and a discount rate of 6% per year. Please Show Work