Question: Continuing with the problem and data in #4 above, if the company paid $52,000 for the equipment, $3,000 for installation costs, and $8,000 for an

Continuing with the problem and data in #4 above, if the company paid $52,000 for the equipment, $3,000 for installation costs, and $8,000 for an increase in net working capital (mainly increase raw materials inventory to support the added machinery), calculate the initial year's total cash outflow

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