Using a rate of 8%, perform a B/C analysis to help determine the more favorable proposal to be implemented by the City of Bowling Green to improve their water services.

	Proposal 1	Proposal 2
First Cost ($)	600,000	540,000
M & O Costs($ per year)	75,000	85,000
Benefits ($ per year)	220,000	200,000
Disbenefits ($ per year)	35,000	20,000
Life	15	25

Which statement(s) is correct based on your analysis?

A) Implement proposal 1

B) Reject both alternatives

C) Implement proposal 2

D) Compare Proposal 2 to the DN alternative