D Question 16 1 pts A consultant has recommended that you modernize a production line. Costs include $623,000 in equipment, a $12,000 investment in net working capital at the time of installation, and 511,000 in delivery and installation costs. The consultant has billed the form for $4.500 for her analysis of the project. If the project is undertaken, an employee training program costing $44.000 would be required. The old machinery has no book value but can be sold for $10.000. Your firm's marginal tax rate ( 34% What is the initial outlay associated with the project? Next- Previous