Problem 7 (10 points) Using the data given below calculate the allocations to each project purpose by the remaining benefits method and by the alternate justifiable-expenditure method. The estimated total cost of the project is $12,300,000 Item Water supply (5) Flood mitigation (S) Separable costs 4,000,000 6,500,000 Estimated benefits 5,100,000 10,200,000 Alternate single-purpose cost 5,800.000 8,600,000