You have just completed a $$15,000$ feasibility study for a new coffee shop in some retail space you own. You bought the space two years ago for $$102,000,$ and if you sold it today, you would net $$119,000$ after taxes. Outfiting the space for a coffee shop would require a capital expenditure of $$31,000$ plus an initial investment of $$4,600$ 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$.$ Capital expenditure to outfit the space.

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

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

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

E$.$ Initial investment in inventory.

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

Capital Expenditure $($price of space$)$

Change in Net Working Capital

Feasibility Study Cost

Opportunity Cos