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A company is planning to launch a project by purchasing equipment for $ 8 2 0 , 0 0 0 ( life of 5 years,

A company is planning to launch a project by purchasing equipment for $820,000(life of 5 years, salvage value of $20,000), acquiring inventory in the amount of $30,000 and using a building that it would otherwise sell for a Net Salvage Value of $900,000. What is the Initial Cash Outflow for the project? (Tax Rate is 20%)
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