Smithson Mining operates a silver mine in Nevada. Acquisition, exploration, and development costs totaled $5.6 million. After the silver is extracted in approximately five years, Smithson is obligated to restore the land to its original condition, including constructing a wildlife preserve. The company's controller has provided the following three cash flow possibilities for the restoration costs: (1) $500,000, 20% probability; (2) $550,000, 45% probability; and (3) $650,000, 35% probability. The company's credit-adjusted, risk-free rate of interest is 6%. (F/of$1, PV of$1, FVAof$1, PVA of$1. EVAD of $1 and PVAD of$1) (use appropriate factor(s) from the tables provided.) What is the initial cost of the silver mine? (Enter your answers in whole dollars.) Table or calculator function: Restoration Costs Acquisition, exploration and development Initial Cost