Bullock Gold Mining gellin Bullock, the owner of Bullock Gold Mining, is evalwateng a new gold mine in South Dakota. Dan Dority, the campany's geologist, has just finished his analysis of the ninin site. He has hears, after which the gold would be completely tive for cight has taken an estimate of the gold deposits to mined Barreth, the company's financial officer. Alma das been joked by Seth to perform an analysis of the new mine and present her recommendation on whether the company should open the new mine. Alma has used the estimates provided by Dan to deterninine the revenues that could be expected from the mine. She pas also projected the expense of opening the mine and the anmual operating expenses. If the company opens the mine, it will cost 5745 milion today, and it will have a cash outflow of 555 milion mine years from today in costs associated with 1. Construct a spreadsheet to calculate the payback period. expected cash flows each year from the mine are shown in the net present value of the proposed mine. [able. Bullock Mining has a required return of 12 percent on all 2. Based on your analysis, should the company open the mine? of its gold mines. 3. Bonus question: Most spreadsheets do not have a built-in formula to calculate the payback period. Write a VBA script that calculates the payback period for a project