Windhoek Mines, Ltd., of Namibia, 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 following cash flows would be associated with opening and operating a mine in the area: Cost of new equipment and timbers $ 466,068 l.ilorking capital required $ 168,098 Annual net cash receipts $ 1?5,09E3* Cost to construct new roads in year three $ 52,683 Salvage value of equipment in 'Four years $ ??,683 | *Receipts from sales of ore, less outofpocket costs for salaries, utilities, insurance, and so forth. The mineral deposit would be exhausted after four years of mining. At that point, the working capital would be released for reinvestment elsewhere. The company's required rate of return is 18%. Click here to view Exhibit 1231 and Exhibit 1232, to determine the appropriate discount factor{s] using tables- Required: a. What is the net present value of the proposed mining project? b. Should the project be accepted? Complete this question by entering your answers in the Ribs below. Required A Required B What is the net present value of the proposed mining project? {Enter negative amount with a minus sign. Round your nal answer to the nearest whole dollar amount.) Required B >