space two years ago for $$97,000,$ and if you sold it today, you would net $$117,000$ after taxes. Outfitting the space for a

coffee shop would require a capital expenditure of $$28,000$ plus an initial investment of $$4,500$ in inventory. What is the

correct initial cash flow for your analysis of the coffee shop opportunity?

Identify the relevant incremental cash flows below: $($Select all the choices that apply.$)$

A$.$ Initial investment in inventory.

B$.$ Feasibility study for the new coffee shop.

C$.$ Amount you would net after taxes should you sell the space today.

D$.$ Capital expenditure to outfit the space.

E$.$ Price you paid for the space two years ago.

Calculate the initial cash flow below: $($Select from the drop$-$down menus and round to the nearest dollar.$)$

$1[$

$2$

$3$

$4$ Free Cash Flow