Required Investment: Tannen Industries is considering an expansion. The necessary equipment would be purchased for $18 million and will be fully depreciated at the time of purchase, and the equipment would require an additional $2 million investment in net operating working capital. The tax rate is 25%. a. What is the initial investment outlay, after bonus depreciation is considered? b. The company spent and expensed $20,000 on research related to the project last year. Would this change your answer? Explain c. Suppose the company plans it use a building that it owns to house the project. The building could be sold for $1 million after taxes and real estate commissions. How would that fact affect your answer?