A $5100,000$ machine with a $8-$year dass life was purchased $6$ years ago. The mach ine will now be sold for $$37,000$ and replaced with anew machine costing $$53,000,$ with a $5-$year class life. thenew machine will not increase sales, but will decrease operating costs by $$16,000$ per year simplified straight Ine depreciation is employed for both machines, and the marginal corporate tar rate is $34$ percent What is the initial outlay for the project? NOIE$-$ALTHOUGH THE INITAL OUIIAYIS NEGATIVE PIEASEENIERYOUR ANSWERAS APOSIIVE SIGN. IN OTHER WORDS, IF YOURANSWERIS $-10,000,$ EMIERII AS $10,000.$ DONOTENIERTHEDOLARSIGN.