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Question 12 (6 points) A.XYZ Corp. is considering introducing a new 90 flat screen television/moniter for the immer mala The company will have to purchase

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Question 12 (6 points) A.XYZ Corp. is considering introducing a new 90" flat screen television/moniter for the immer mala The company will have to purchase a new machine to produce the screens. The machine's invoice price would be $4,020,000. The company anticipates that the machine will last for four years and then have a salvage value. Last year, a market research study for the new product cost $2 million. If the company pro ahead with the proposed product, it will have an effect on the company's net working capital. M the water (i.e., at t=0), inventory will increase by $190,000 and accounts payable will increase by 570,000. Alt the net working capital will be recovered after the project is completed. What is the initial investment for the project? $4,140,000 $6,140,000 $6,120,000 15 $6,020,000 $6,280,000 e GA F3 $ 4 #

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