Required investment. The attached is the question and all the information that is needed to explain the answer.

REQUIRED INVESTMENT Tannen Industries is considering an expansion. The necessan equipment would be purchased for $18 million and will be fully depreciated at the time of purchase, and the expansion would require an additional $2 million investment in nes 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 to 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