With interest at 10%, what is the benefit-cost ratio for this government project? Initial Cost $210,513 Additional costs at the end of year 1 and year $24,952/year 2 Benefits at end of year 1 and year 2 $0/year Annual benefits at end of year 3 through year $95,574/year 10 Enter your answer as follow: 12.34A tax exempt municipality is considering the construction of a new municipal waste water treatment facility. Two different sites have been selected as technically, politically, socially, and financially feasible. The city council uses 6% interest rate for all analyses for public projects. The expected cash flow for the two alternatives are as follow: Year Alt. A Alt. B 0 - $14,423,825 - $28,693,117 1 - $1,888,355/year $3,054,538/year 75 What is the incremental benefit/cost ratio? Enter your answer as follow: 12.34