Question 6 [8 Marks] Truman Industries is considering an expansion The necessary equipment would be purchased for R9 million, and the expansion would require an additional R3 million investment in net operating working capital The tax rate is 40% Required: 61 62 What is the initial investment outlay? (3) The company spent R50,000 on research related to the project last year Would this change your answer? Explain (3) 1 ITURN OVER]