Question Completion Status: Moving to another question will save this response estion 7 A design firm is considering a capital expenditure project that will involve purchasing newegen 5.000 equipment is expected to be $500. The equipment has an expected fe of years and an emased 2000. The proposed capital investment of 53.000. Revenues for the project are forecasted to be 58.000 per year and cash express 2002 and a 12% weighted average cost of capital (WACC). Calculate the initial Cash Outlay for the proposed project O $11,500 58482.14 $9,500 $11,875 None of the listed items is correct Moving to another question will save this response ly 3 WA