aining Time: 1 hour, 19 minutes, 28 seconds. stion Completion Status: 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Close Wind Moving to another question will save this response. Question 12 of 18 estion 12 10 points Sve A A project to replace an old machine with a new one is under consideration. The new machine costs $9700 and requires an additional working capital investment of $150. The old machine is expected to have a $2500 salvage value. Calculate the initial Outlay of this replacement project assuming the book value of the old asset is 55000. The firm's marginal tax rate is 35 56,475 56.325 58.975 58.225 None of the listed choices is correct Moving to another question will see this response Question 12 of 18 Cose Window