please round to 2 decimals

Kemara Manufacturing has a debt-equity ratio of 0.87 . The firm is analyzing a new project that requires an initial cash outlay of S261,500 for equipment. The flotation cost is 9.4 percent for equity and 4.7 percent for debt What is the initial cost-of the project including the fiotation costs? Total inital cost =$ Altempt W2 011 (Score; 0/1)