12-1 a. If Company ABC plans to invest $9,000,000 on equipment, $3,000,000 on net working capital (NWC), what is the Companys Initial investment outlay?

b. It the Company spent $50,000 for market research last year, should this expense be included in the analysis?

c. It the Company can sell a building for $70,000, but now, it is kept to locate the purchased equipment, should this expense be included in the analysis as a cost?