A very successful health and recreation club wants to construct a mock mountain for climbing and exercise outside for its customers' use. Because of its location, there is a 35% chance of a 120-day...

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Extracted text: A very successful health and recreation club wants to construct a mock mountain for climbing and exercise outside for its customers' use. Because of its location, there is a 35% chance of a 120-day season of good outdoor weather, a 45% chance of a 150-day season, and a 20% chance of a 165-day season. The mountain will be used by an estimated 325 persons each day of the 4-month (120-day) season, but by only 100 per day for each extra day the season lasts. The feature will cost $435,000 to construct and require a $20,000 rework every 4 years, and the annual maintenance and insurance costs will be $54,000. The climbing fee will be $4 per person. If a life of 12 years is anticipated and a 10% return is expected,what is the NPV of this project?