Question 6 (2 points) George is considering buying a small Rental Business on Point Robert. George has found a small Rental Business with a purchase price of $450,000. He will need to spend an additional $30,000 immediately for renovations and he plans to sell the business for $700,000 in 15 years. He estimates that his annual expenses will be $10,000 and he anticipates that his revenue will be $18,000 per year. Assume revenue occurs at the end of each year and expenses occur at the beginning of each year. What is the initial cash flow CFO? CFO- $480,000 CFO-- $480,000 5: CFO--$490,000 CFO- $490,000 CFO=-5460,000