Problem 12-16 (Algo) Net Present Value Analysis [LO12-2] Winchoek Mines, Limited, of Namibis, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. An engineering and cost analysis has been made, and it is expected that the foliowing cash flows would be associated with opening and operating a mine in the area: "Receipts from sales of ore, less out-of-pecket costs for salavies, vilities, insurance, and so forth. The mineral deposit would be exhausted after four years of mining. At that point, the working captal would be relessed for reinvestment etsewhere. The company's required rate of return is 18% Click here to view Exhibit 128-1 and Exhibs:12:B-2. to determine the approperiate discount foctoris) using tabios. Required: a. What is the net present value of the proposod mining project? b. Should the project be accepted