FastTrack Bikes, Inc. is thinking of developing a new composite road bike. Development will takesix years and the cost is $$196,000$ per year. Once in production, the bike is expected to make $$294,000$ per year for $10$ years. Assume the cost of capital is $10\%.$

a$.$ Calculate the NPV of this investment opportunity, assuming all cash flows occur at the end of each year. Should the company make the investment?