You have just completed a $$20,000$ feasibility study for a new coffee shop in some retail space you own. You bought the space two years ago for $$105,000,$ and if you sold it today, you would net $$116,000$ after taxes. Outfitting the space for a coffee shop would require a capital expenditure of $$35,000$ plus an initial investment of $$5,200$ 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$.$ Amount you would net after taxes should you sell the space today.

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

D$.$ Initial investment in inventory.

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.