Question 3 Dupree Coffee Roasters, Inc., wishes to expand and modernise its facilities. The installed cost of a proposed computer-controlled automatic-feed roaster will be R130,000. The firm has an opportunity to sell its 4-year old roaster for R35,000. The existing roaster originally cost R60,000 and was being depreciated straight-line over a 6 year period. The tax rate is 30%. Anticipated changes in current assets and current liabilities as follows: Accruals -R20,000 Inventory 50,000 Accounts payable 40,000 Accounts receivable 70,000 Cash 0 Notes payable 15,000 Determine the initial investment associated with the proposed new roaster