A company is evaluating an investment in a salt mine. The initial investment would be $790,000 and the estimated annual cash flows over 5 years would be $230,000. The government requires that it eventually invests to rehabilitate the mine area and estimates a payout in year 5 of $90,000. What is its net present value if its minimum desired retum is 12% ? 4.1511.970 $39.099 -156.498