A county will invest $3,600,000 to clean up a chemical spill that occurred following a natural disaster. At the end of the 12-year planning horizon, an additional $700,000 will be spent in restoring the site to an environmentally acceptable condition. The investment is expected to produce net annual benefits that will decrease by 28% each year. The net annual public benefit in the 1st year is estimated to be $1,900,000. Determine the B/C ratio for the investment using a 6% MARR. Click here to access the TVM Factor Table calculator. B/C = Carry all interim calculations to 5 decimal places and then round your final answer to 3 decimal places. The tolerance is ±0.003.