A firm will make a cash outlay of $100,000 for a piece of equipment. Assume the firm has no other expenses or revenues other than those associated with this project. The firm is going to purchase an additional $6,000 of inventory for production with the new equipment and set up a cash account with a $3,000 balance. The inventory purchase will result in an account payable of $10,000. The firm's tax rate is 30%. What is the net cash flow at time zero?

Group of answer choices

Less than (110,000)

Between (105,000) and (100,000)

Cannot be determined with this information

Between (110,000) and (105,000)

Greater than (100,000)