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Restoration costs: Cash outflow Probability ProDaDie Restoration Cost Possibility 1 $ 410,000 25% $ 102,500 Possibility 2 510,000 40% 204,000 Possibility 3 710,000 35%
Restoration costs: Cash outflow Probability ProDaDie Restoration Cost Possibility 1 $ 410,000 25% $ 102,500 Possibility 2 510,000 40% 204,000 Possibility 3 710,000 35% 248,500 $ 555,000 Table or Calculator function: Present value of probable restoration costs Cost of copper mine: Mining site Development cost Restoration cost Depletion (mine): Depletion per pound (#####) Pounds extracted Depletion Depreciation expense (mining equipment) Depreciation per pound (###) 3 n= $ 1,550,000 710,000 379,071 $ 2,639,071 2024 2025 $ 0.2377 $ 2,700,000 0.2377 4,100,000 4 10% $ 379,071 2024 2025 $ 0.02 $ 0.02
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