Pine Village city council proposes to construct new recreation fields. Construction will cost $343,604 and annual O&M expenses are $70,004. The city council estimates that the value of added youth leagues is about $124,316 annually. In year 6 another $99,338 will be needed to refurbish the fields. The city council agrees to transform the ownership of the fields to a private company for $154,761 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