Kirei Company is considering an equipment upgrade. Kirei uses discounted cash flow (DCF) analysis in evaluating capital investments and has an effective tax rate of 40%. Selected data developed by Kirei is: New Existing Equipment Equipment Original cost P 50,000 P 95,000 Accumulated Depreciation 45,000 Current Market Value 3,000 95,000 Accounts Receivable 6,000 8,000 Accounts payable 2,100 2,500 Based on this information, what is the initial investment for a DCF analysis of this proposed upgrade? P 96,600. P 96,200. P 95,800. OP 92,800