$24$

$1$ point

A project proposal includes the following information:

To begin, the project will require $$892,075$ in equipment

Before using the equipment, employees will require training, which will cost $$152,325$ and is considered to be a cash operating expense

The company faces a $29\%$ tax rate

$$55,180$ worth of net working capital will also be required to launch the project

What is the initial cash flow for this scenario $($i$.$e$.,$ what is the free cash flow expected for moment zero$)?$

Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $$90\mathrm{.}1234,$ enter $90\mathrm{.}1234.$ If your result is an outflow $($i$.$e$.,$ negative$),$ enter a negative figure, like this: $-90\mathrm{.}1234$