Exercise 10-1A Identifying cash inflows and outflows LO 10-1 Required Indicate which of the following items will result in cash intlows and which will result in cash outflows. The first one is shown as an example. Item Type of Cash Flow a. Initial investment Outflow 6. Salvage value c Recovery of working capital d. Incremental expenses o Working capital commitments Cost savings 9. Incremental revenue Exercise 10-2A Determining the present value of a lump-sum future cash receipt LO 10-1 Larry Mattingly turned 20 years old today. His grandfather had established a trust fund that will pay him $81.000 on his next birthday However, Larry needs money today to start his college education, and his father is willing to help. Mr. Mattingly has agreed to give Larry the present value of the $81,000 future cash inflow, assuming a 8 percent rate of retum CV of $1 and PVA of $1) (Use appropriate factor(e) from the tables provided.) Required a. Determine the amount of cash that carry Mattingly's father should give him (Round your final answer to the nearest whole dollar value) Cash