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Landscapes Unlimited has spent $2,100 evaluating a new service area for expanding its business territory. The expansion will require the purchase of a new truck
Landscapes Unlimited has spent
$2,100
evaluating a new service area for expanding its business territory. The expansion will require the purchase of a new truck for
$34,200
and fitting the truck with a flatbed that will cost
$6,700
to install. The company would realize
$8,210
in after-tax proceeds from the sale of an old truck. If Landscapes' working capital is unaffected by this project, what is the initial cash flow amount for this project?
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