you are working for a construction firm that has decided to bid on a project to build street lamp posts. you want to make a cost benefit ratio of the upcoming project. you notice this information about the project .. initial cost= $1,600,000 annual maintaince= $60,000 annual operation cost= $160,000. the annual benefit to the tax payers was calclated ahead of time and projected to be roughly $345,000 a year. the MARR is 12% and the project life cycle is 50 years. should you take this project and why?