Marston Manufacturing Company is considering a project that requires an investment in new equipment of $3, 800,000, with an additional $190,000 in shipping and installation costs. Marston estimates that its accounts receivable and inventories need to increase by $760,000 to support the new project, some of which is financed by a $304,000 increase in spontaneous liabilities (accounts payable and accruals). The total cost of Marston's new equipment is _____ and consists of the price of the new equipment plus the _____. In contrast, Marston's initial net investment outlay is _____. Suppose Marston's new equipment is expected to sell for $800,000 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? $800,000 $480,000 $936,000 $776,000