Question: Consider a firm that has recently started a new project. They purchased a machine and invested $19,321 in net working capital. The machine costs $319,664.

Consider a firm that has recently started a new project. They purchased a machine and invested $19,321 in net working capital. The machine costs $319,664. The machine will be fully depreciated over 7 years using straight-line depreciation. Calculate the initial outlay of the project. Write your answer in dollars, for example $21,000

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