Computing Fair Value of Environmental Liability Minerals Inc. anticipates environmental costs at the end of a 10-year production cycle. Due to the uncerta Cash Outflow Probability $400,000 30% $440,000 25% $480,000 $560,000 25% 20% In answering the following questions, round your answers to the nearest whole number, using no negative a. Compute the expected cash outflow for the environmental costs. $ 462,000 b. Determine the fair value of the liability for environment costs assuming a risk-free interest rate of 5%. $ 4,029,441 * Apply the expected cash flow technique, discounting cash flows using a risk-free rate. Check