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6) (1 point) Peace Village needs some additional recreation fields. Construction will cost $250,000 and the annual O&M expenses are $80,000. The city council
6) (1 point) Peace Village needs some additional recreation fields. Construction will cost $250,000 and the annual O&M expenses are $80,000. The city council estimates that the value of the added youth leagues is about $200,000 annually. In Year 5 another $75,000 will be needed to refurbish the fields. The salvage value is estimated to be $90,000 after 10 years. Draw the cash flow diagram.
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