Problem 12-16 (Algo) Net Present Value Analysis [LO12-2] Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. 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: "Receipts from sales of ore, less out-of-pocket costs for salaries, utiities, insurance, and so forth. The mineral deposit would be exhausted after four years of mining. At that point, the woiking capital would be released for reinvestment elsewhere. The company's required rate of return is 21 is. Click here to view Exhibit12B-1 and Exhibit 12B-2. to determine the appropriate discount factor(s) using tables: Required: a. What is the net present value of the Xxroposed miring project? b. Should the project be accepted? company has mineral rights. An engineering and cost analysis has been made, and it is be associated with opening and operating a mine in the area "Receipts from sales of ore, less out-of-pocket costs for salaries, utilities, insurance, and The mineral deposit would be exhausted after four years of mining. At that point, the wo reinvestment elsewhere. The compary's required rate of return is 21% Click here to view Exhibit 128-1 and Exhibit 128-2, to detemine the appropriate discour Required: a. What is the net present value of the proposed mining project? b. Should the project be accepted? x Answer is complete but not entirely correct. Complete this question by entering your cnswers in the tabs below. What is the net present value of the proposed mining project? (Enter negative amount w answer to the nearest whole dollar amointi)