11/ An oil well is estimated to yield returns of $12,000 monthly (end of month) for eleven years. To develop the well, it is estimated that a company will have to spend $600,000 today, $250,000 in three years and $5,000 (for maintenance) at the beginning of the month for 6 years BUT starting in 3 years from today. If the company's cost of capital (interest rate) is 14% compounded annually, what is the Net Present Value of this potential project? (6 marks)