Revenues generated by a new fad product are forecast as follows: Year Revenues $44,000 30,000 20,000 10,000 Thereafter Expenses are expected to be 50% of revenues, and working capital required in each year is expected to be 20% of revenues in the following year. The product requires an immediate investment of $48,000 in plant and equipment. a. What is the initial investment in the product? Remember working capital. Initial investment