A design firm is considering a capital expenditure project that will involve purchasing new equipment costing $5000 with an additional $1000 charge for delivery. Installation of the equipment is expected to be $500. the equipment has an expected life of 3 years and an estimated salvage value of $2000. the proposed project will require an additional working capital investment of $3000. Revenues for the project are forecasted to be $8000 per year and cash expenses are expected to be $2000. the company has a 25% marginal tax rate and a 12% weighted average cost of capital (WACC). Calculate the Initial Cash Outlay for the proposed project

Revenues for the project are forecasted to be 58. (WACC). Calculate the Initial Cash Outlay for a $9,500 b. $8482.14 $11,500 $11,875 None of the listed items is correct