Pine Village city council proposes to construct new recreation fields. Construction will cost $319,463 and annual O\&M expenses are $76,674. The city council estimates that the value of added youth leagues is about $126,240 annually. In year 6 another $97,254 will be needed to refurbish the fields. The city council agrees to transform the ownership of the fields to a private company for $161,317 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