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Smithson Mining operates a silver mine in Nevada. Acquisition, exploration, and development costs totaled $5.7 million. After the silver is extracted in approximately five years, Smithson is obligated to restore the fand to its original condition, including constructing a wildlife preserve. The company's controller has provided the following three cash fiow possibilities for the restoration costs: (1) $510,000,15% probability: (2) $560,000,50% probability; and (3) $660,000,35% probability. The company's credit-adjusted, risk-free rate of interest is 8%. What is the initial cost of the silver mine? Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Enter your answers in whole dollars. (EV of S1. PY of \$1. EVA of \$1, PVA of \$1. EVAD of \$1 and PVAD of Si]