Angel Inc. spends $750,000 on equipment for a one-year project.For this project, it increases its inventory by $150,000 and accounts payable by $25,000 (both are expected to reverse at project completion).The project will be housed in a building Angel, Inc. purchased seven years ago for $1,500,000. Angel Inc.'s tax rate is 50% and cost of capital is 12%. What is the initial cash outflow in year 0?