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Question 2 1 pts Your company, Dominant Retailer, Inc, is considering a project whose data are shown below. Revenue and cash operating expenses are expected

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Question 2 1 pts Your company, Dominant Retailer, Inc, is considering a project whose data are shown below. Revenue and cash operating expenses are expected to be constant over the project's year expected operating life, annual sales revenue is $99.000.00 and cash operating expenses are $49,750.00. The new equipment's cost and depreciable basis is $155,000.00 and it will be depreciated by MACRS as 5 year property. The new equipment replaces older equipment that is tully depreciated but can be sold for $7.000. In addition, the new equipment requires an additional $5,000 of net operating working capital, which can be fully recovered at the end of the project. The new equipment is expected to be sold for $10,750 at the end of the project in year 5. The marginal tax rate is 20.0096. What is the project's initial Cash Outlay at Year O? Note: Enter your answer rounded off to two decimal points. Do not enter Sor comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box

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