Consider a mining and processing project for an oil tar sands project. From the data given below, calculate the after-tax cash flows for a 30-year life of the project and the NPV for an MARR of 15%. Initial capital expenditures totaled $415.5 million and were distributed over four years (10% in year 0, 30% in year 1, 40% in year 2, and 20% in year 3) Beginning in year 4: - 17.666 million tons of ore will be mined per year Bitumen production rate will be 7.347 million barrels per year - Product yield will be 0.841 barrels of oil per barrel of bitumen Product selling price will be $80 per barrel - Operating costs: $10.47 per barrel of bitumen for plant and upgrading costs $9.02 per ton of ore for mining costs - 10-year straight-line depreciation - 40% tax rate (state and federal) Consider a mining and processing project for an oil tar sands project. From the data given below, calculate the after-tax cash flows for a 30-year life of the project and the NPV for an MARR of 15%. Initial capital expenditures totaled $415.5 million and were distributed over four years (10% in year 0, 30% in year 1, 40% in year 2, and 20% in year 3) Beginning in year 4: - 17.666 million tons of ore will be mined per year Bitumen production rate will be 7.347 million barrels per year - Product yield will be 0.841 barrels of oil per barrel of bitumen Product selling price will be $80 per barrel - Operating costs: $10.47 per barrel of bitumen for plant and upgrading costs $9.02 per ton of ore for mining costs - 10-year straight-line depreciation - 40% tax rate (state and federal)