An investor is considering an investment in a copper mine. The following information is available: A. The investment will generate an annual pre-tax profit of $50,000 over 4 years. Costs for depreciation are included in the pre-tax profit. B. Equipment costing $500,000 will be required immediately. The equipment will be straight line depreciated over 4 years, has a salvage value of $100,000 and is subject to normal CCA tax rules. C. Inventory of $100,000 will need to be kept on hand at all times. D. The tax rate is 30%, and the CCA rate on equipment is 20%. E. The investor is also considering a similar investment that will generate an after tax return of 12%. Calculate the Net Present Value of this project.