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Problem 1 4 - 1 6 ( Algo ) Net Present Value Analysis [ LO 1 4 - 2 ] Windhoek Mines, Limited, of Namibia,

Problem 14-16(Algo) Net Present Value Analysis [LO14-2]
Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. The company estimated the following cash flows related to opening and operating a mine in the area:
\table[[Cost of new equipment and timbers,$430,000
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