Question: Please pay attention to the significant figures while solving the question. It is the difference between a right answer and a wrong answer Cleanville Environmental

Please pay attention to the significant figuresPlease pay attention to the significant figures while solving the question. It is the difference between a right answer and a wrong answer

Cleanville Environmental Services is evaluating two alternative methods for the disposing of municipal waste. The first involves developing a landfill site near the city. Costs of the site include $1,000,000 start-up costs, $85,000 closedown costs 40 years from now, and operating costs of $17,000 per year. Starting in 8 years, it is expected that there will be revenues from user fees of $31,000 per year. The alternative is to ship the waste out of the region. An area firm will agree to a long-term contract to dispose of the waste for $140,000 per year. Using the annual worth method, which alternative is economically preferred for a MARR of 11 percent? Click the icon to view the table of compound interest factors for discrete compounding periods when i = 11%. V is the economically preferred choice. The annual cost of the landfill is $. The annual cost of the long-term contract is $140,000. The (Round to the nearest dollar as needed.)

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