need help w 11-1, 11-2 and 11-3 please

thank you

ROBLEMS ANSWERS ARE IN APPENDIX B (11-1) Investment Outlay EASY PROBLEMS 1-4 Talbot Industries is considering launching a new product. The new manufacturin equipment will cost $17 million, and production and sales will require an initial $5 million investment in net operating working capital. The company's tax rate is a. What is the initial investment outlay? b. The company spent and expensed $150,000 on research related to the new product last year. What is the initial investment outlay? c. Rather than build a new manufacturing facility, the company plans to install the equipment in a building it owns but is not now using. The building could be sold for $1.5 million after taxes and real estate commissions. What is the initial invest- ment outlay? (11-2). Project Cash Flow The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its new proposed service: Projected sales $18 million Operating costs (not including depreciation ! $9 million Depreciation $4 million Interest expense $3 million The company faces a 25% tax rate. What is the project's cash flow for the first year it Chapter 11 Cash Flow Estimation and Risk Analysis 487 (11-3) ...calvage Value Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $12 million, of which 75% has been depreciated. The federal-plus-state tax rate is 25%. What is the equipment's after-tax net salvage value