Which 2 observations correctly evaluate the affordability of the Pittville project?

The Financial Appraisal shows that this scheme is unaffordable.

At the end of Year 6, E6 million of the initial spending costs will have been recovered.

The surplus Income forecast in Year 1 is sufficient to cover the deficit forecast in Year 2.

The revenue budget should show how long it will take for the surplus income to cover the initial cost of building the new campus.

If expenditure and income continue at the same rate, each subsequent year should return a surplus of £1 million.