What is the projects initial investment outlay

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Reference no: EM131509963

ABC, Inc is considering the purchase of a new equipment. The equipment costs $39,806 and an additional $550 is needed to install it. The project will also require an initial $8,013 investment in net working capital. The equipment will be depreciated straight-line to zero over a five-year life. What is the project's initial investment outlay?

Round off to two decimal points

Reference no: EM131509963

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