The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the...

Extracted text: The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the costs of planting trees and shrubbery, as well as maintaining the greenway, are summarized below. The city's discount rate is 10% per year, and the planning horizon is 10 years. Use the Incremental benefit cost (B/C) analysis to determine the best option. Note: Use the same excel sheet that you downloaded in the previous question to solve this question. Solve it in a new sheet in the same document. Annual benefits, Annual disbenefits, Plan Initial cost, $ Annual cost, $/year $/year $/year 50,000 3,000 20,000 500 90,000 4,000 30,000 2,000 C 200,000 6,000 61,000 2,100