This is an Engineering Economics problem

4. The Digos City National hospital, has received designs for a new patient room wing from two architectural consultants. Prior for the bidding of construction one design must be chosen to implement. The costs and benets are the same in most categories, but the city nancial manager decided that the estimates below should be considered. Use benefit-cost analysis to select the best option. Descriptions Design A Design B Construction cost, PhP 10,000,000 15,000,000 Annual M&0 cost, PhP! Year 35,000 55,000 Patient usage fee, PhP! Year 450,000 200,000 Loss of income to adjacent hospital, PhP/ Year 500,000 0 Loss of income to commercial establishments, PhP/ Year 0 400 000 3 Economic life. Years