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A new project is being considered by Stanton Corp. An outlay of $40,000 is required for equipment and an additional net working capital investment of

A new project is being considered by Stanton Corp. An outlay of $40,000 is required for equipment and an additional net working capital investment of $1000 is required. What is the total cost at time zero of accepting this project?

40,000

41,000

30,000

31,000

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