C D In analyzing a long-term investment proposal Include before-tax interest payments include opportunity costs include after-tax interest payments include sunk costs Question 2 0.75 Points The American Airway Lounge is considering replacing its lighting system. The new lights will cost $16,000 and can be installed for $2.500. The old light fixtures were depreciated to zero but can be sold to Secondhand Sam for $1,000. If the American Airway has a 35 percent tax rate, the initial cash outflow for the new lighting system is (A) $17,850 (B) $16,000 c) $17,500 (D) $18,500