Jinglin has been asked to evaluate a new machine costing $120,000. The old machine has a book value of $30,000 and a market value of $50,000. Old machine will be sold and the after-tax cash flow will be used to offset the cost of the new machine. Net working capital will increase by $5,000. The firms tax rate is 40 percent. What is the initial cash outlay for the new machine? Also, please show how to entering numbers in financial calculator HP bII+