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3. A company buys $5 million in equipment for a new project. The equipment had $50,000 in installation and transportation. The project required $150,000 in

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3. A company buys $5 million in equipment for a new project. The equipment had $50,000 in installation and transportation. The project required $150,000 in additional inventories and $30,000 in additional accounts payable. What is the initial investment of the project

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