veritas inc. has decided to acquire a new hydraulic excavator. it has three options. caterpillar: purchase cost of $346,482 and operating costs of $20,744 per year (paid at the end of each year). john deere: purchase cost of $282,790 and operating costs of $20,485 per year (paid at the end of each year). volvo: purchase cost of $309,096 and operating costs of $18,393 per year (paid at the end of each year). Assume that Geek Inc. has a budget of $337,115 for this investment and all excavators have a service life of 10 years. Based on the defender-challenger approach and given that the MARR is 11%, reinvestment rate is 9%, and minimum external rate of return is 9%, compute the incremental Benefit-Cost ratio of choosing the best excavator (in economic terms) and then indicate your recommendation as follows: - answer "O" (without the commas) if your recommendation is the Caterpillar; - answer "1" (without the commas) if your recommendation is the John Deere; - write down as your answer the value of the incremental B-C ratio if your recommendation is Volvo. Note: round your answer to two decimal places, and do not include spaces, currency signs, plus or minus signs, nor commas.