7 Problem 14-16 (Algo) Net Present Value Analysis [LO14-2] 174 point Windhoek Mines Lid of Namibia, is contemplating the purchase of equipment to exploita mineral deposit on land to which the company has mineral nights. An engineering and cost analysis has been made, and it is expected that the following cash flows would be associated with opening and operating a mine in the area co Cost of new equipment and timbers Working capital required Annual net cash receipts Cast to construct new roads in year the Salvage value of equipment in four years 5400,000 1 179,00 $185.000 154.000 179.000 Hint "Receipts from sales of ore, Sess out of pocket costs for salaries, utilities, insurance, and so forth The mineral deposit would be exhausted after four years of mining at that point, the working capitol would be released for reinvestment elsewhere. The company's required rate of return is 18% Click here to view Exhibit 148-1 and Exhibit 140-2to determine the appropriate discount factors) using tables Heerences Required: a. What is the net present value of the proposed mining project b. Should the project be accepted Complete this question by entering your answers in the tabs below. Required A Required What is the net present value of the proposed mining project Enter tivemount with a mission Round your final answer to the nearest whole dollar amount Not value Required 8 >