Consider the case of Acme Manufacturing: Acme Manufacturing is considering a project that requires an investment in new equipment of $4, 200,000, with an additional $210,000 in shipping and installation costs. Acme estimates that its accounts receivable and inventories need to increase by $840,000 to support the new project, some of which is financed by a $336,000 increase in spontaneous liabilities (accounts payable and accruals). The total cost of Acme's new equipment is ___ and consists of the price of the new equipment plus the ___. In contrast, Acme's initial net investment outlay is ___. Suppose Acme's new equipment is expected to sell for $1, 200,000 at the end of its four-year useful life, and at the same time, the firm expects to recover all of its net working capital investment. The company chose to use straight-line depreciation, and the new equipment was fully depreciated by the end of its useful life. If the firm's tax rate is 40%, what is the project's total termination cash flow? $1, 224,000 $720,000 $984,000 $1, 200,000