BOR Show Me How Office 365 Printem Net present value-unequal lives Bunker Hill Mining Company has two competing proposals: a processing mill and an electric shovel, Hoth pieces of equipment have an initial investment of $790,000. The net cash flows estimated for the two proposals are as follows: Net Cash Flow Year Processing Mill Electric Shovel 1 $307,000 $347.000 2 259,000 318,000 3 259,000 321,000 4 255,000 320,000 5 181,000 6 147,000 7 126,000 8 126,000 The estimated residual value of the processing mill at the end of Year 4 is $290,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X . Open spreadsheet Determine which equipment should be favored, comparing the net present values of the two proposals and assuming a minimum rate of return of 20%. If required, round to the nearest dollar Processing Mill Electric Shovel Net present $ which part che fund? Previous Next) Check My Work 2 more Check My Work uses remaining