Windhoek Mines, Limited, of Nomibia, is contemplating the purchase of equipment to exploit a minerai deposit on land to which the company has minerai inghts. An engineering and cost analysis has been made, and it is expected that the following cash flows would be associated whth opening and operating a mine in the area: cost of new equipment and timbers Working capltal required Arnual net cash recelpts cost to construct new roads in three years salvage yalue of equiphent in four years 5. 275 , ese 5 1ee, ese 3120 , eqe* 5 4e, 090 s 65, eae -Recelpts from sales of ore, less out-of-pocket costs for salanes, utilties, insurance, and so forth. The mineral deposit would be exhousted after four years of mining. At that point, the working capital would be released for reinvestment eisewhere. The company's required rate of return is 20% Click here to view Exhibli 1481 and Exhipit 1482 to determine the appropriate discount factor(s) using rables. Required: a. What is the net present value of the proposed mining project? b. Should the project be accepted? Complete this question by entering vour answers in the tabs below. llequired E What is the net present value of the proposed mining project? (Enter negabve amount with a munus sign. Round vour final answer to the nearest whole dollar amount.) Ner resent value