Pine Village city council proposes to construct new recreation fields. Construction will cost $308,687 and annual O&M expenses are $86,285. The city council estimates that the value of added youth leagues is about $125,993 annually. In year 6 another $83,140 will be needed to refurbish the fields. The city council agrees to transform the ownership of the fields to a private company for $150,067 at the end of year 10. If the MARR for the Pine Village city is 6%, calculate the NPV of the new recreation fields project. 6% n 1 2 3 4 5 6 7 8 9 10 11 Single Payment Compound Present Amount Worth Factor Find P Factor Find F Given P F/P 1.060 1.124 1.191 1.262 1.338 1.419 1.504 1.594 1.689 1.791 1.898 2012 Given F P/F 9434 ,8900 .8396 7921 7473 7050 .6651 6274 5919 5584 5268 1070 Sinking Fund Factor Find A Given F A/F 1.0000 4854 3141 .2286 1774 1434 1191 1010 0870 0759 0668 0501 Compound Interest Factors Uniform Payment Series Capital Recovery Factor Find A Given P A/P 1.0600 5454 3741 2886 2374 2034 1791 1610 1470 1359 1268 1193 Compound Amount Factor Find F Given A F/A 1.000 2,060 3,184 4.375 5.637 6.975 8.394 9.897 11.491 13.181 14.972 16.870 Present Worth Factor Find P Given A P/A 0.943 1.833 2.673 3.465 4.212 4.917 5.582 6.210 6.802 7.360 7.887 8.384 Arithmetic Gradient Gradient Gradient Uniform Present Series Find A Given G A/G 0 0.485 0.961 1.427 1.884 2.330 2.768 3.195 3.613 4.022 4.421 4,811 Worth Find P Given G P/G 0 0.890 2.569 4.945 7.934 11.459 15.450 19.841 24.577 29.602 34.870 40.337 6% n 1 2 3 4 5 6 7 8 10 11 12